Why Diners’ Dilemmas Are About More Than Food
Going out to dinner with friends, we probably will have two problems.One occurs before the meal and the other after it.With both, we could have a free rider.Diners’ Dilemmas. Before the Meal. During an evening with friends at an upscale restaurant, the menu arrives and you have to choose between a pricey lobster with several glasses of Champagne or an inexpensive pasta dish and the house wine. You know that the check will be divided equally.Here, we are dealing with what economists have called the “unscrupulous diner.” ….[READ]
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