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Why do competitors open their stores next to one another?

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Title:
Why do competitors open their stores next to one another? - Jac de Haan
Speaker:
Jac de Haan
Description:

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, directed by Luke Rowsell, narrated by Jac de Haan].

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Video Language:
English
Team:
closed TED
Project:
TED-Ed
Duration:
04:07
Kapalli Srirama Raju edited Hindi subtitles for Why do competitors open their stores next to one another?
Kapalli Srirama Raju edited Hindi subtitles for Why do competitors open their stores next to one another?
Kapalli Srirama Raju added a translation

Hindi subtitles

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