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

TED-Ed

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

A short animated TED-Ed lesson in which two competing ice cream vendors on a beach illustrate why rival shops cluster together. It introduces game theory and the Nash equilibrium through the Hotelling model.

HN people use it as a clear, quick explanation of Nash equilibrium and why competitors cluster.

6 Hacker News mentions · 2015–2025

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