We characterize the unique mixed-strategy equilibrium of an extension of the "television news sheduling game" of Cancian, Bergstrom and Bills (1995) where viewers want to watch the first newscast broadcast after they return home. A fraction of the viewers record randomly one of the newscast to...

We study a simple bilateral oligopoly model in which individual agents, who are initially endowed with capital, decide sequentially (i) whether they want to act as producers (entrepreneurs) or as capital lenders (rentiers) and, then (ii) which quantity of capital they would like to borrow or...