Why Most Retails are in One Crowded Location?

Nash equilibruim

Why do Competitors open their stores next to one another ?

Nash Equilibrium theory explained by Jac de Haan in this illustrated video directed by Luke Rowsell and published by TED ED. Because it is a great learning material and well designed it would edify and clear up your doubts.

  | Jac de Haan · Educator

The point where neither of you can improve your position by deviating from your current strategy.

@elvisteg