Our healthcare costs and parking lot spending are influenced by similar incentives that involve paying per visit or with a lump sum for unlimited use.…
How Much Healthcare?
When the Netherlands pays for a mother’s first week at home after child birth, we get a message about their healthcare coverage.…
Why a Pasta Pass is About More Than Spaghetti
Selling 21,000 seven week pasta passes, Olive Garden’s never ending pasta promotion is providing unlimited carbs with a hefty serving of economics.…
All-You-Can-Eat Buffet Economics
Explained by Alfred Marshall and evident at restaurant buffet tables, the idea of diminishing marginal utility shows how marginal analysis is valuable.…