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

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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.

If you started a retail business, would you prefer to be in a community with no competition or a community with several other retail businesses just like yours? Why?

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TED-Ed Animations feature the words and ideas of educators brought to life by professional animators. Are you an educator or animator interested in creating a TED-Ed Animation? Nominate yourself here »

Meet The Creators

  • Educator Jac de Haan
  • Animator Luke Rowsell
  • Narrator Jac de Haan

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