Network television dynamics: a conceptual mathematical model
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In this thesis we will be expanding on modifications we previously made relating to Edwards and Buckmire’s model of box office dynamics to network television. We will introduce the number of viewers with a negative reaction to the product as a function with respect to time. The interaction of the main parameters of the box office dynamics as they translate to the network television problem: viewership, revenue, and audience perception for television programming will be presented as a conceptual model of a system of three 1st order differential equations. The eigenvalue method, Routh-Hurwitz stability criterion, and control theory will be used to solve the problem and the stability of the solution will be checked. Finally, based on the numerical solution and its stability, recommendations will be presented.