Question: Two television stations compete with each other for viewing audience. Local programming options for the 5:00 p.m. weekday time slot include a sitcom rerun, an

Two television stations compete with each other for viewing audience. Local programming options for the 5:00 p.m. weekday time slot include a sitcom rerun, an early news program, or a home improvement show. Each station has the same programming options and must make its preseason program selection before knowing what the other television station will do. The viewing audience gains in thousands of viewers for Station A are shown in the payoff table.

Determine the optimal strategy for each station. What is the value of the game?

Station B Sitcom News Home Improvement b3 Rerun Program , 10 b2 Sitcom Rerun ai News Program a2 Home Improvement a3 Station A 4

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