TED-Ed

Why do competitors open their stores next to one another? - Jac de Haan

TV-PG
2012 • E56    Oct 1, 2012    10m
Why are all the gas stations, cafes and restaurants in one crowded spot? As two competitive cousins vie for ice-cream-selling domination on one small beach, discover how game theory and the Nash Equilibrium inform these retail hotspots.

Where to Watch TED-Ed - 2012 • E56

 

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