| str8outavannuys |
05-09-2003 04:30 PM |
Tipping
Quote:
Originally posted by Mmmm, Burger (C.J.)
Hehe. I had a couple of econ profs. who hypothesized about tipping. their query was why anyone ever tips in out-of-town restaurants. The service has already been given, so it's a sunk cost of the server. And there's no repeat play, since you'll never go back (or they won't remember you if you do).
I didn't go out to dinner with them after that.
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I had an econ prof who wrote an article about the deadweight loss associated with gift giving. I think he called it "the deadweight loss of Christmas" or some such imaginative title. He compared how recipients valued gifts to what the givers paid for them, and found something like a 10%-25% difference. My sister-in-law's family (who did not read this article, as far as I know) give each other $100 bills for Christmas, so my brother says. Presumably this eliminates the DWL.
That said, I think your econ prof fully believes that he's right. To anyone who feels sorry for the waitresses, I've got three words for them, "learn to fuckin' type."
str8.
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