Two major networks are competing for viewer ratings in the 8-9PM and 9-10PM slots on a given weeknight. Each has two shows to full this time period and is juggling its lineup. Each can chose to put its "bigger" show first or to place it second the 9-10PM slot. The combination of decisions leads to the payoff matrix to the right. 1) Find the Nash equilibrium / equilibria, assuming that both networks make their decisions at the same time. 2) If each network is risk averse and uses a maximin strategy, what will be the resulting equilibrium? 3) What will be the Nash equilibrium if N1 makes the selection first?4) What will be the Nash equilibrium if N2 makes the selection first?5) Suppose the network managers meet to coordinate schedules and N1 promises to schedule the bigger show in the first slot. Is this promise credible? What would be the likely outcome?

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