Comment on Hotelling’s Game, or Why Gas Stations Have Competitors Nearby (2008)parentComments−zwaps7yBy the way, think about what would happen if you could differentiate in two dimensions? You'd be on a plane or a circle on which a demand distribution exists... etc.That's the idea.
Comments
By the way, think about what would happen if you could differentiate in two dimensions? You'd be on a plane or a circle on which a demand distribution exists... etc.
That's the idea.