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Tag Archives: competition
Disproving Hotelling? A tale of two burger stalls
To the Thames Festival, where the Hotelling model of competition is at risk of being disproved. The festival is a weekend event along the south bank of the Thames – populated with stalls selling crafts, food and drink and this … Continue reading
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Tagged branding, competition, economics, Hotelling, impulse purchases, positioning, Pricing
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Pricing and competition
Local merchants in the Northbrae neighbourhood of Berkeley, California (h/t Marginal Revolution) are fighting against an evil competitor who wants to sell the same products at lower prices. Apparently, there was previously a tacit agreement that each store would keep … Continue reading