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It is common practice for the National Hockey League to offer season subscription packages to TV viewers via cable and satellite providers. Suppose that this
It is common practice for the National Hockey League to offer season subscription packages to TV viewers via cable and satellite providers. Suppose that this year the NHL is considering the idea of including the preseason games into the regular season packages.
The pool of NHL followers consists of an equal number of 'hard-core' and 'regular' fans. (For concreteness let's say one million households are hard core and one million are regular.) The following table shows how much each type fans value the regular season and the pre-season packages.
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