Not to be confused with Hotelling’s Theory, Lemma, or T-Squared Distribution, Hotelling’s Law represents statistician and economic theorist Harold Hotelling’s effort to explain why competitors tend to imitate each other, despite there being benefits to aiming for more differentiation.
Hotelling’s Law
Hotelling’s Law
Hotelling’s Law
Not to be confused with Hotelling’s Theory, Lemma, or T-Squared Distribution, Hotelling’s Law represents statistician and economic theorist Harold Hotelling’s effort to explain why competitors tend to imitate each other, despite there being benefits to aiming for more differentiation.