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so basically we're in Cournot.
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Now suppose that Murdoch,
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just to pick a name out of a hat,
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might not be the most moral gentleman in the world--who knows?
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--and suppose that he in fact
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has hired one of the people in the NBC boardroom,
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in fact this guy, what's his name?
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Ryan.
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Professor Ben Polak: He's hired Ryan to be a spy.
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So Murdoch has a spy in the NBC boardroom.
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So Murdoch has a little advantage here, information wise. Why?
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Because the NBC boardroom doesn't know