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Question: Television game shows producers can compete with each other by locating their programs along the preferences line of the audience. Assume that the audience's

Question: Television game shows producers can compete with each other by locating their programs along the preferences line of the audience. Assume that the audience's preference has two dimensions: content and broadcast timing.

  • Use the Hotelling model to explain why game shows tend to have similar contents and broadcast in similar hours.

Hint: You have to provide the basic settings of this game and find the Nash equilibrium of this game.

  • Collect data about game shows contents and broadcast timingin a country. Does the collected data support the theoretical results?
  • Can that equilibrium be stable from time to time? Does the data support that stability?

*Data collected can be from any country of the experts' preference.*

Detailed explanations are expected.

Appreciate the experts' support.

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