competition

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Resources

TED-Ed: Microeconomics Lessons
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TED-Ed: Microeconomics Lessons

TED-Ed celebrates the ideas of teachers and students around the world. Discover hundreds of animated lessons, create customized lessons, and share your big ideas.

Video
TED-Ed: Why Do Competitors Open Stores Next to Each Other?
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TED-Ed: Why Do Competitors Open Stores Next to Each Other?

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 inform these retail hotspots.

Video