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The Hotelling game seems related: https://www.cs.cornell.edu/courses/cs6840/2020sp/note/scribe6840_Feb12final.pdf https://www.cs.cornell.edu/courses/cs6840/202
by jonathanyc 2y ago
The Hotelling game seems related:
https://www.cs.cornell.edu/courses/cs6840/2020sp/note/scribe6840_Feb12final.pdf https://www.cs.cornell.edu/courses/cs6840/2020sp/note/scribe...
https://www.eco.uc3m.es/~mmachado/teaching/oi-i-mei/slides/4.2.Hotelling%20Model.pdf https://www.eco.uc3m.es/~mmachado/teaching/oi-i-mei/slides/4...
IIRC the conclusion is that it’s optimal for stores to be positioned at extremes relative to each other (e.g. at two ends of the city) but the socially optimal situation is actually for them to be positioned closer together.
I noticed that my neighborhood is all Lawsons, so I got the location of all Conbinis and ran some basic analysis to see if these pockets of brand territory are common.
I wonder if that explains why neighborhoods end up mostly containing one kind of store? Other explanations might just be it’s simpler to stock your stores if they’re closer together.