Spatially Competing Shops

Condensed Matter lunchtime seminar

Spatially Competing Shops

  • Event time: 1:00pm
  • Event date: 15th May 2006
  • Speaker: Lawrence Mitchell (Formerly School of Physics & Astronomy, University of Edinburgh)
  • Location: Room 2511,

Event details

A simple spatial extension to a classic Bertrand game of a competing marketplace shows some surprising results. Allowing the evolution of pricing strategies and dead sites (due to selective pressures) leads to spontaneous symmetry breaking in the strategies and the emergence of separate ''species'' of sellers exploiting short-term situations.

About Condensed Matter lunchtime seminars

This is a weekly series of informal talks given primarily by members of the soft condensed matter and statistical mechanics groups, but is also open to members of other groups and external visitors. The aim of the series is to promote discussion and learning of various topics at a level suitable to the broad background of the group. Everyone is welcome to attend..

Find out more about Condensed Matter lunchtime seminars.