4 ms·
What reason is that?
by andrepd 7y ago
What reason is that?
- dredmorbius 7y agoHotelling's Law. https://en.wikipedia.org/wiki/Hotelling%27s_law https://en.wikipedia.org/wiki/Hotelling%27s_law Though IMO misapplied here.
- ncmncm 7y agoAbout gas stations, we only have the fact, and must speculate. Hotelling's law may be a good guess, but there need not be only one such influence. Once a corner has a gas station and occupies the space of "the place to get gas" in the minds of resident drivers, it becomes the obvious place to build the next, preferable to trying (and maybe failing) to persuade them to go somewhere else instead. In the case of Caltech, having two adjacent Nobelers makes it easier for each to attract the best grad students than if he were alone, even after he loses half to his rival. We might make an analogy to chemical electropositivity instead of commerce.