<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: Pre-Theater Dinner Auctions</title>
	<atom:link href="http://theincidentaleconomist.com/pre-theater-dinner-auctions/feed/" rel="self" type="application/rss+xml" />
	<link>http://theincidentaleconomist.com/pre-theater-dinner-auctions/</link>
	<description>Economics, Health Policy, Law, Life: Musings of Curious Minds.</description>
	<lastBuildDate>Thu, 29 Jul 2010 14:17:57 -0500</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8</generator>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
		<item>
		<title>By: Ted</title>
		<link>http://theincidentaleconomist.com/pre-theater-dinner-auctions/comment-page-1/#comment-135</link>
		<dc:creator>Ted</dc:creator>
		<pubDate>Thu, 04 Jun 2009 19:38:16 +0000</pubDate>
		<guid isPermaLink="false">http://thefinancebuff.com/2009/07/pre-theater-dinner-auctions.html#comment-135</guid>
		<description>There already is a regulator to this market, the server.  &quot;Turn &#039;em and burn &#039;em&quot; was a popular phrase one of my coworkers like to use.  The more tables you turn, the more you make in a shift.

As a former server in my younger days at a trendy restaurant, I can tell you lingering is a great annoyance, especially if they are not ordering a dessert or more drinks.

When this occurred, passive-aggressive methods are employed to get you to move on.  The first is to pick up the signed credit card receipt from the table.  Next, finish busing the table of anything not in someone&#039;s hand.  Then restock or clean up salt/pepper, the sugar caddy, condiments, etc.  Finally, you stop refilling water or other refillable drinks.  After a sufficient time some coworkers would ask people to leave, but I was never so bold/rude.</description>
		<content:encoded><![CDATA[<p>There already is a regulator to this market, the server.  &#8220;Turn &#8216;em and burn &#8216;em&#8221; was a popular phrase one of my coworkers like to use.  The more tables you turn, the more you make in a shift.</p>
<p>As a former server in my younger days at a trendy restaurant, I can tell you lingering is a great annoyance, especially if they are not ordering a dessert or more drinks.</p>
<p>When this occurred, passive-aggressive methods are employed to get you to move on.  The first is to pick up the signed credit card receipt from the table.  Next, finish busing the table of anything not in someone&#8217;s hand.  Then restock or clean up salt/pepper, the sugar caddy, condiments, etc.  Finally, you stop refilling water or other refillable drinks.  After a sufficient time some coworkers would ask people to leave, but I was never so bold/rude.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: SJ</title>
		<link>http://theincidentaleconomist.com/pre-theater-dinner-auctions/comment-page-1/#comment-137</link>
		<dc:creator>SJ</dc:creator>
		<pubDate>Thu, 04 Jun 2009 19:00:50 +0000</pubDate>
		<guid isPermaLink="false">http://thefinancebuff.com/2009/07/pre-theater-dinner-auctions.html#comment-137</guid>
		<description>How about matinee meals lol... Like how there&#039;s dinner, bfast, lunch, a cheaper/diff menu for matinee dinner. Or supper (I always get them confused -_-)

It seems to me it&#039;s really just social norms as to why that&#039;s not done. Of course, you could try social norms to pressure them to leave earlier =) I like the... stare longingly lol.

I believe some buffets in Asia implement similar systems; you pay for 1 hr and eaaaat.

Does it boil down to... what are you paying for? The food? &quot;Renting&quot; the table? the entire dining exp?</description>
		<content:encoded><![CDATA[<p>How about matinee meals lol&#8230; Like how there&#8217;s dinner, bfast, lunch, a cheaper/diff menu for matinee dinner. Or supper (I always get them confused -_-)</p>
<p>It seems to me it&#8217;s really just social norms as to why that&#8217;s not done. Of course, you could try social norms to pressure them to leave earlier =) I like the&#8230; stare longingly lol.</p>
<p>I believe some buffets in Asia implement similar systems; you pay for 1 hr and eaaaat.</p>
<p>Does it boil down to&#8230; what are you paying for? The food? &#8220;Renting&#8221; the table? the entire dining exp?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: TIE</title>
		<link>http://theincidentaleconomist.com/pre-theater-dinner-auctions/comment-page-1/#comment-136</link>
		<dc:creator>TIE</dc:creator>
		<pubDate>Thu, 04 Jun 2009 18:42:53 +0000</pubDate>
		<guid isPermaLink="false">http://thefinancebuff.com/2009/07/pre-theater-dinner-auctions.html#comment-136</guid>
		<description>@simplesimon - Oh were it so easy to go earlier! Life with small children has its constraints. :)

@AM - Since proprietor&#039;s do not do as you suggest it is reasonable to conclude that it isn&#039;t in their interests to do so. Maybe the combination of (a) it isn&#039;t hospitable and (b) there is a trade off between rushing someone out and squeezing them for more (dessert, coffee, ...).

I still think the effect of social norms is sufficient and, in all likelihood, preferable. Is it just a different kind of market where transactions are paid in good will and the self-satisfaction that comes with &quot;doing the right thing&quot;? Sure, why not?</description>
		<content:encoded><![CDATA[<p>@simplesimon &#8211; Oh were it so easy to go earlier! Life with small children has its constraints. <img src='http://theincidentaleconomist.com/wordpress/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>@AM &#8211; Since proprietor&#8217;s do not do as you suggest it is reasonable to conclude that it isn&#8217;t in their interests to do so. Maybe the combination of (a) it isn&#8217;t hospitable and (b) there is a trade off between rushing someone out and squeezing them for more (dessert, coffee, &#8230;).</p>
<p>I still think the effect of social norms is sufficient and, in all likelihood, preferable. Is it just a different kind of market where transactions are paid in good will and the self-satisfaction that comes with &#8220;doing the right thing&#8221;? Sure, why not?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: AM</title>
		<link>http://theincidentaleconomist.com/pre-theater-dinner-auctions/comment-page-1/#comment-133</link>
		<dc:creator>AM</dc:creator>
		<pubDate>Thu, 04 Jun 2009 16:27:44 +0000</pubDate>
		<guid isPermaLink="false">http://thefinancebuff.com/2009/07/pre-theater-dinner-auctions.html#comment-133</guid>
		<description>I think an important point is that the proprietor does seem to have a strong incentive to limit lingering.  Lingering early diners may turn away some late diners, or cause them to have an inferior experience (rushed dinner).

Therefore, the proprietor should give a discount to diners who do not linger.  E.g., anyone who starts dinner after 5:30pm and clears the table by, say, 6:50pm, gets a small discount on their meal.

Why doesn&#039;t the restaurant owner do this?  One theory is that, perhaps, patrons would look down on a posh theatre district restaurant that started giving discounts.</description>
		<content:encoded><![CDATA[<p>I think an important point is that the proprietor does seem to have a strong incentive to limit lingering.  Lingering early diners may turn away some late diners, or cause them to have an inferior experience (rushed dinner).</p>
<p>Therefore, the proprietor should give a discount to diners who do not linger.  E.g., anyone who starts dinner after 5:30pm and clears the table by, say, 6:50pm, gets a small discount on their meal.</p>
<p>Why doesn&#8217;t the restaurant owner do this?  One theory is that, perhaps, patrons would look down on a posh theatre district restaurant that started giving discounts.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: simplesimon</title>
		<link>http://theincidentaleconomist.com/pre-theater-dinner-auctions/comment-page-1/#comment-134</link>
		<dc:creator>simplesimon</dc:creator>
		<pubDate>Thu, 04 Jun 2009 15:22:49 +0000</pubDate>
		<guid isPermaLink="false">http://thefinancebuff.com/2009/07/pre-theater-dinner-auctions.html#comment-134</guid>
		<description>I love this post!  It sparked my imagination of the riot that would be the auction.

Best to go even earlier next time...</description>
		<content:encoded><![CDATA[<p>I love this post!  It sparked my imagination of the riot that would be the auction.</p>
<p>Best to go even earlier next time&#8230;</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: TFB</title>
		<link>http://theincidentaleconomist.com/pre-theater-dinner-auctions/comment-page-1/#comment-132</link>
		<dc:creator>TFB</dc:creator>
		<pubDate>Thu, 04 Jun 2009 13:09:33 +0000</pubDate>
		<guid isPermaLink="false">http://thefinancebuff.com/2009/07/pre-theater-dinner-auctions.html#comment-132</guid>
		<description>@TIE - That&#039;s a great observation. For events that have limited capacity, such market does exist. Witness long lines for &quot;Black Friday&quot; shopping events. There are &quot;queuing professionals&quot; who take a position in the front of the line for the purpose of selling that position for a price.</description>
		<content:encoded><![CDATA[<p>@TIE &#8211; That&#8217;s a great observation. For events that have limited capacity, such market does exist. Witness long lines for &#8220;Black Friday&#8221; shopping events. There are &#8220;queuing professionals&#8221; who take a position in the front of the line for the purpose of selling that position for a price.</p>
]]></content:encoded>
	</item>
</channel>
</rss>
