{"id":861,"date":"2010-02-18T23:45:51","date_gmt":"2010-02-19T06:45:51","guid":{"rendered":"http:\/\/rickyopaterny.com\/blog\/?p=861"},"modified":"2010-02-19T13:46:12","modified_gmt":"2010-02-19T20:46:12","slug":"why-do-drugstores-and-gas-stations-appear-in-clusters","status":"publish","type":"post","link":"https:\/\/gen-o.com\/blog\/2010\/02\/18\/why-do-drugstores-and-gas-stations-appear-in-clusters\/","title":{"rendered":"Why do drugstores and gas stations appear in clusters?"},"content":{"rendered":"<p>Marketplace <a href=\"http:\/\/marketplace.publicradio.org\/display\/web\/2010\/02\/17\/pm-duane-reade\/\">covered<\/a> the acquisition of Duane Reade by Walgreens and suggested that drugstores in New York are on nearly every corner because consumers seek convenience. That&#8217;s true, but to really understand why they are all over, you need to understand a little game theory. Presh over at Mind Your Decisions has a <a href=\"http:\/\/mindyourdecisions.com\/blog\/2008\/03\/25\/game-theory-tuesdays-hotelling\u2019s-game-or-why-gas-stations-have-competitors-nearby\/\">very simple explanation<\/a> of why competing gas stations are found across the street from each other and, similarly, why political candidates tend to be centrists. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marketplace covered the acquisition of Duane Reade by Walgreens and suggested that drugstores in New York are on nearly every corner because consumers seek convenience. That&#8217;s true, but to really understand why they are all over, you need to understand a little game theory. Presh over at Mind Your Decisions has a very simple explanation [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[153,154,121,151,152],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gen-o.com\/blog\/wp-json\/wp\/v2\/posts\/861"}],"collection":[{"href":"https:\/\/gen-o.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gen-o.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gen-o.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gen-o.com\/blog\/wp-json\/wp\/v2\/comments?post=861"}],"version-history":[{"count":2,"href":"https:\/\/gen-o.com\/blog\/wp-json\/wp\/v2\/posts\/861\/revisions"}],"predecessor-version":[{"id":863,"href":"https:\/\/gen-o.com\/blog\/wp-json\/wp\/v2\/posts\/861\/revisions\/863"}],"wp:attachment":[{"href":"https:\/\/gen-o.com\/blog\/wp-json\/wp\/v2\/media?parent=861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gen-o.com\/blog\/wp-json\/wp\/v2\/categories?post=861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gen-o.com\/blog\/wp-json\/wp\/v2\/tags?post=861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}