THE ECONOMICS OF THE TIP, THAT CUSTOM THAT DEFIES TRADITIONAL THEORY
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✍️ The article discusses the concept of tipping and its complexities, highlighting the psychological and social aspects that influence our decisions to leave tips.
👉 Tipping is a complex phenomenon that involves economics, psychology, and social norms 👉 There is no strong correlation between the quality of service and the amount of the tip 👉 Tipping can be influenced by social and psychological factors, such as the fear of social disapproval and the desire to feel generous 👉 The economics of tipping can have unintended consequences, such as perpetuating discrimination and inequality
-- #QuentinTarantino #MichaelLynn #OferAzar #MichaelMcCall #YoramMargalioth #DannyMeyer #LarryDavid #JerrySeinfeld #RichardThaler #DanielKahneman #UnitedStates #Spain #NuevaYork #TelAviv #economics
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