12min chapter

Planet Money cover image

All you can eat economics

Planet Money

CHAPTER

The Economics of Buffet Restaurants

This chapter explores the pricing strategies, economics concepts, and biases related to buffet restaurants. It discusses the origins of all you can eat buffets as loss leaders, the application of price discrimination and framing bias in buffet pricing, and the concept of diminishing marginal returns at buffets. The chapter also touches upon topics such as cross-subsidization, adverse selection, and the preference for flat rate pricing.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode