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The problem of culture

29 March 2016

The problem of culture - read more

Moving house is awful enough, says Anthony Hilton

It is well understood in the food industry that the best place to site a new restaurant is next door to one which is already up and running. The effect is seen in city centres up and down the county. Whether the town is large or small, one or two streets usually have a monopoly on the good places to eat.

This is a practical example of the cluster effect, which holds that businesses are more likely to prosper when they are located close to similar businesses. The complex mix of customer...

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