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

Share this & earn $10
TED-Ed
Published at : 26 Oct 2021
5648007 views
114216
2395

View full lesson on ed.ted.com - http://ed.ted.com/lessons/why-do-competitors-open-their-stores-next-to-one-another-jac-de-haan

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.

Lesson by Jac de Haan, animation by Luke Rowsell.

1207DeHaann

7 Key Steps to Planning and Launching a Successful Marketing Campaign | Marketing 360®

7 Key Steps to Planning and Launching a Successful Marketing Campaign | Marketing 360®

Prelijepo Ucenje Sure Al Baqarah - Mishary al-Afasy

Prelijepo Ucenje Sure Al Baqarah - Mishary al-Afasy

An Exquisite $4,950,000 Florida Estate with the utmost of privacy

An Exquisite $4,950,000 Florida Estate with the utmost of privacy

Kingdom Hearts Simple and Clean by Utada Hikaru 720p HD Audio Boost Remix w/Lyrics in Description

Kingdom Hearts Simple and Clean by Utada Hikaru 720p HD Audio Boost Remix w/Lyrics in Description

What is CHEMICAL SUBSTANCE? What does CHEMICAL SUBSTANCE mean? CHEMICAL SUBSTANCE meaning

What is CHEMICAL SUBSTANCE? What does CHEMICAL SUBSTANCE mean? CHEMICAL SUBSTANCE meaning

Non Duality - There Is No Person

Non Duality - There Is No Person

Try this for your kids,surely they love it#short🍫🍫

Try this for your kids,surely they love it#short🍫🍫

Mena Massoud, Naomi Scott - A Whole New World (from Aladdin) (Official Video)

Mena Massoud, Naomi Scott - A Whole New World (from Aladdin) (Official Video)

H Σοφία ανέβηκε Platinum II - J0J0C ft. Sophiesticateed

H Σοφία ανέβηκε Platinum II - J0J0C ft. Sophiesticateed

7 Billion: Are You Typical? -- National Geographic Magazine | National Geographic

7 Billion: Are You Typical? -- National Geographic Magazine | National Geographic

How To Inspect An Excavator Undercarriage

How To Inspect An Excavator Undercarriage

The Difference Between "Have got" and "Have gotten"

The Difference Between "Have got" and "Have gotten"

Heroin’s homeless: 20 minutes in a fast food bathroom

Heroin’s homeless: 20 minutes in a fast food bathroom

BIGGY AND CHARM ☺️ (so cute, MUST WATCH)🥺

BIGGY AND CHARM ☺️ (so cute, MUST WATCH)🥺

What do you think is more challenging - the strength, or balance?🤔.

What do you think is more challenging - the strength, or balance?🤔.

Learning = Making Distinctions - The Secret To Rapid & Deep Learning

Learning = Making Distinctions - The Secret To Rapid & Deep Learning

Simply reacts to new 120 Star World Record speedrun by Liam

Simply reacts to new 120 Star World Record speedrun by Liam

Michael Jackson - A Place With No Name (Official Video)

Michael Jackson - A Place With No Name (Official Video)

How To Pronounce 'Purchase' in Standard British English: Word Of The Day #25

How To Pronounce 'Purchase' in Standard British English: Word Of The Day #25

Lady Gaga, Bradley Cooper - Shallow (Lyrics) (A Star Is Born Soundtrack)

Lady Gaga, Bradley Cooper - Shallow (Lyrics) (A Star Is Born Soundtrack)

SIX the Musical - Six (from the Studio Cast Recording)

SIX the Musical - Six (from the Studio Cast Recording)

Best Gymnastics & Flexibility TikTok Videos January 2021 - Amazing Gymnastics Skills

Best Gymnastics & Flexibility TikTok Videos January 2021 - Amazing Gymnastics Skills

Red Hot Chili Peppers - By The Way [Official Music Video]

Red Hot Chili Peppers - By The Way [Official Music Video]

TobyMac - The Elements (Official Music Video)

TobyMac - The Elements (Official Music Video)

[Nigeria At A Glance] Balloting to hold in Polling Units after Conversation of Polling Points - INEC

[Nigeria At A Glance] Balloting to hold in Polling Units after Conversation of Polling Points - INEC

Introducing the EmotionalEd pilot program, which includes tapping and neuroscience-based techniques.

Introducing the EmotionalEd pilot program, which includes tapping and neuroscience-based techniques.

95th - MadeIt

95th - MadeIt

الذئب الصغير يبني سريرًا جديدًا للقارب من أجل لوسي | كارتون للأطفال | Wolfoo Arabic

الذئب الصغير يبني سريرًا جديدًا للقارب من أجل لوسي | كارتون للأطفال | Wolfoo Arabic

Members of the Family in English

Members of the Family in English

Paired samples and independent samples for statistical analysis - statistics help

Paired samples and independent samples for statistical analysis - statistics help

US sends aircraft to aid in Indonesia submarine search

US sends aircraft to aid in Indonesia submarine search

Grover Washington Jr. feat. Bill Withers - Just The Two of Us [HQ]

Grover Washington Jr. feat. Bill Withers - Just The Two of Us [HQ]

Most Popular Websites 1996 - 2019

Most Popular Websites 1996 - 2019

The *New* Zedd Red AiMBOT - Valorant

The *New* Zedd Red AiMBOT - Valorant

12 Steps of Construction

12 Steps of Construction

Might Be

Might Be

Extreme Motorbikes stunt Motorcycle Bikes #2 - Motocross Racing bike Best Android Gameplay

Extreme Motorbikes stunt Motorcycle Bikes #2 - Motocross Racing bike Best Android Gameplay

Top 10 Best NETFLIX Series to Watch Now! 2021

Top 10 Best NETFLIX Series to Watch Now! 2021

Shiloh Dynasty & CuBox - Losing Interest (Lyrics)

Shiloh Dynasty & CuBox - Losing Interest (Lyrics)

Alex Cooper & Hailey Bieber snack on NY bagels & play a game of Heads Up | WHO’S IN MY BATHROOM?

Alex Cooper & Hailey Bieber snack on NY bagels & play a game of Heads Up | WHO’S IN MY BATHROOM?

Satisfying And Relaxing Compilation in Tik Tok #41 || Best Oddly Satisfing Video

Satisfying And Relaxing Compilation in Tik Tok #41 || Best Oddly Satisfing Video

Bamboo SZN // Unusual Acceleration // Crazyer Faith (Part7) // Michael Todd

Bamboo SZN // Unusual Acceleration // Crazyer Faith (Part7) // Michael Todd

Natalia Doco - RESPIRA (Album Version)

Natalia Doco - RESPIRA (Album Version)

Slapstick clips - For Heaven's Sake (1926)

Slapstick clips - For Heaven's Sake (1926)

Denby Pottery - Our Made in England Story

Denby Pottery - Our Made in England Story

Lecture-10 A distinct no

Lecture-10 A distinct no

How to make English Sentences with "To" & "ing" Verbs | Infinitive & Gerund in Hindi | Awal

How to make English Sentences with "To" & "ing" Verbs | Infinitive & Gerund in Hindi | Awal

Why I'm Thankful for this Thanksgiving - The bad news & The good news

Why I'm Thankful for this Thanksgiving - The bad news & The good news

It Will Not Hurt Them | The World Prays with Emana Usanga

It Will Not Hurt Them | The World Prays with Emana Usanga