Comment on Hotelling’s Game, or Why Gas Stations Have Competitors Nearby (2008)parentComments−WalterBright7yWhen I shop for a new car, I go to "auto row" where the dealers are clustered, then it's easy to comparison shop. If I go to a dealer with nobody near, then it's harder. The dealers know this when siting their business.
Comments
When I shop for a new car, I go to "auto row" where the dealers are clustered, then it's easy to comparison shop. If I go to a dealer with nobody near, then it's harder. The dealers know this when siting their business.