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3min chapter
Caldwell: Hayek's Intellectual Journey
The Answer Is Transaction Costs
Exploring Surge Pricing and Economic Theory
Exploring surge pricing in restaurants as a modern strategy to optimize revenue, likened to traditional methods such as happy hour specials. The discussion includes examples from Starbucks and recommendations for further reading on economic concepts.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode