Construct · 1 fields · 1 citations

principle of minimum differentiation: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
principle of minimumdifferentiation1 CONSTRUCTPrinciple of minimumHOTELLING · GAME THEORY

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Game theory

the tendency of competing sellers to locate or position close together, as in two shops clustering at a street's center.

In game theory, principle of minimum differentiation refers to the tendency of competing sellers to locate or position close together, as in two shops clustering at a street's center. This meaning comes from Hotelling (1929) in The Economic Journal.[1]

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Nearby constructs

differentiation4 fields · 4 citationsjingle · one word, four constructsgame2 fields · 3 citationsjingle · one word, two constructsmarket area1 fields · 1 citationsanchor · a standalone construct

References

  1. Hotelling, H. (1929). Stability in Competition. The Economic Journal, 39(153), 41. https://doi.org/10.2307/2224214

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