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konishi Tagged Articles
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Information Externalities, Car Dealers, and Spaghetti Osteopaths
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| Why do some competing stores locate near one another, while others don't? In National City, south of San Diego, there is a stretch called the "Mile of Cars". I dont know if it's a mile or not, but it's pretty much an endless strip of car dealers, from Hyundais to Hondas, and everything inbetween. There are similar areas in most reasonably-sized cities, whether a cluster of car dealers, a car strip, or just a bunch of dealer generally clustered around one another. |
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