Why are all the gas stations, cafes and restaurants in one crowded spot? As two competitive cousins vie for ice-cream-selling domination on one small beach, discover how game theory and the Nash Equilibrium... continue reading
posted by PlayhousePals 9 years 1 month 3 weeks ago • 885 views • 4:07search results matching tag: commerce
» channel: learn
Search took 0.000 seconds
- 1
Videos (2) | Sift Talk (0) | Blogs (0) | Comments (220) |
For nearly all of human history, most people were very, very poor. But something happened after 1800. Average wages began to rise. For example, in the past 200 years, the average wage in the United States... continue reading
posted by Trancecoach 9 years 11 months ago • 999 views • 3:19- 1