Knowing how all-you-can-eat economics explains the benefits of buffets, Red Lobster was surprised by its “Endless Shrimp” problem.
Why Sports Stadiums Create Dilemmas
Like all sports projects, renovating Arthur Ashe Stadium requires choosing between most fans and the minority that brings the most revenue.
Why Millions of People Decided to See a Movie a Day (at the theater)
Trying to encourage us to return to movie theaters, the movie packages that matter have had disastrous results.
What Buffet Economics Says About All-You-Can-Eat
Looking at the the supply and demand sides of buffet economics, we see how restaurants and diners manage all-you-can-eat.
How a (Hershey’s) Kiss and Free Shipping Are Similar
Whether enjoying free shipping or free chocolates, consumers have a similar response because of the word “free.”
All We Need To Know About Pumpkin Slingshots and Fall Farm Festivals
The incentives created by fall farm festival prices shape the money that families spend when they visit a farm on a beautiful autumn day.
The Problem With MoviePass
For those of us that thought the MoviePass story ended in 2019, we can go to their new website for the next chapter.
How a Cheap Airline Can Be Expensive
Reflecting an unbundled ticket, a list of discount airline fees indicates the extras we can pay for when we fly cheaply.
Where Mount Everest Economics Take Us
Whether looking at its newfound height, the traffic jams, or the role of Nepal, Mount Everest always takes us to the margin.
The Airline Seat Size Squeeze
The problem of airline seat size getting smaller and people getting larger is difficult to solve because comfort and revenue tend to conflict.
