Why do competitors open their stores next to one another?


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. 
Why do competitors open their stores next to one another? Why do competitors open their stores next to one another? Reviewed by Unknown on 11:24 AM Rating: 5

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