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Drilling into the numbers: ExxonMobil

Economist Podcasts

CHAPTER

The Dynamics of Tipping: Magic and Economics

This chapter explores the fascinating intersection of tipping behavior and the art of magic, revealing how engaging tricks can enhance gratuities for servers. It examines the psychological, social, and economic factors influencing tipping practices, backed by research and cultural comparisons. Additionally, the chapter discusses the implications of tipping in the context of service quality and the varying economic models within the restaurant industry.

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