alt Hacker NewsMaybe it‘s the Nash equilibrium from a timing perspective?
Like the reason that close to a McDonals there is usually a Burger King.
Replies
novaleaf • today at 7:57 PM
reminds me of SBC's (Seattle's Best Coffee) strategy, which was decidedly not Nash: put a store across the street from every Starbucks.
The joke is that McDonald's spends hundreds of thousands of dollars to identify new locations - traffic studies, visibility, demographics, nearby traffic generators, site characteristics, drive-thru feasibility, etc. They have one of the most rigorous processes in the industry. Burger King's process is to open a location across the street.