Why do all the fish fry shops in the beaches end up in a cluster - TopicsExpress

Why do all the fish fry shops in the beaches end up in a cluster .. setting up shop next to each other? Or why do we have specific streets selling a particular class of products? Say ritchie street for electronics (chennai), jc road for automobile spares (blre) .. Well the companies like to have their competition pretty close to them !! Nash equilibrium - hotellings model of spatial competition !! Whats intriguing is that the tea sellers and corn cob sellers in the beach are pretty aware of this just from their experience .. Say to them that they are aware of game theory unassumingly ..They blush and carry on with their daily chore! Selling .. https://m.youtube/watch?v=jILgxeNBK_8

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