The Voice UK vs. Britain’s Got Talent; Saturday Night
Game Theory
The Voice UK or Britain’s Got Talent? Both great talent
shows that have been the hot subject on everyone’s lips, as well as their
twitter, over the past few weeks. Only a short time before the live finals of
each, these two shows have been battling it out for views and ratings, and the
driving force behind the fight for the prime TV slot comes from the constant competition
between the two broadcasting giants, BBC vs. ITV.
So, how does this link with Game Theory? It can be a somewhat
complex theory to comprehend, when looking past the basics, but using the example
of these two similar programmes, competing for the optimum broadcasting slot,
the concept of Nash equilibrium and Game Theory begins to make some sense. Usually,
the example of ‘Prisoners Dilemma’ is used to make sense of Game Theory but The
Voice UK and BGT seemed much more contemporary!
The definition of Game Theory states that it is a study of
tactical relations between ‘players’, whether they are people, firms,
governments or other, where the decisions made by one player is dependent on the
actions and decisions of another player.
When investigating the link between The Voice and Britain’s
Got Talent and Game Theory, it is important to look at the aim of the producers
and broadcasters, i.e. to get the most views, higher ratings and therefore make
the most profit. These aims can really only be achieved by obtaining the optimal
TV slot time which, for a family show, is Saturday evening.
However, in this industry, predicting the actions of other
TV channels is important in order to make the best decisions and therefore attain
the best outcome. The table below indicates the possible outcomes that are
influenced by the decisions made by the BBC and ITV.
BBC
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Premier The
Voice UK Final on Saturday evening
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Premier The
Voice UK Final another night
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ITV
|
Premier BGT Final
on Saturday evening
|
Audience split – fewer live views overall
|
BGT wins most views over The Voice
|
Premier BGT Final another night
|
The Voice wins most views over BGT
|
Waste chance of acquiring Saturday night audience
|
|
This indicates that the best possible outcome for both
channels is to premier both talent shows live finals on the same evening,
despite having a split audience. This is the Nash equilibrium.
The Nash equilibrium occurs when the decision made by the
first player is the best outcome for both players, given the others decision.
There would be little problem caused if the timings of the
two live finals weren’t also so similar, as it means that the audience at home
will need to choose which final they would prefer to see...

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