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Comment on Hotelling’s Game, or Why Gas Stations Have Competitors Nearby (2008)parent

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It's a couple cents difference most of the time in my experience, not worth driving in a different direction or such for that.

This baffles me every time in Germany. Price differences for normal gas are around, let's say for the sake of simplicity, 4 cent between different stations. Sometimes it's even lower. But people will drive further or go out of their way so save those 4 cent per litre. If you fill up an 80 litre tank, that's 3,20 Euro at all. Really not worth driving 10 km extra on my way back from work, especially including the time it takes longer and so on.

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