Nimish Adhia - Is Tipping A Good Practice?

Alex speaks with Nimish Adhia about the practice of tipping, exploring its cultural and economic implications, as well as its persistence despite widespread criticism from various stakeholders. Adhia discusses the historical origins of tipping, its impact on workers and customers, and coordination problems that prevent its abolition, referencing his own case study on the topic.

References

“The Theory of Moral Sentiments” by Adam Smith

Link: https://www.amazon.ca/Theory-Moral-Sentiments-Adam-Smith/dp/0143105922 

“The Strategy of Conflict” With a New Preface by the Author” by Thomas Schellin

Link: https://www.amazon.ca/Strategy-Conflict-Thomas-C-Schelling/dp/0674840313 

“Governing the Commons: The Evolution of Institutions for Collective Action” by Elinor Ostrom

Link: https://www.amazon.ca/Governing-Commons-Evolution-Institutions-Collective/dp/1107569788 

“The Tipping Point: How Little Things Can Make a Big Difference” by Malcolm Gladwell

Link: https://www.amazon.ca/Tipping-Point-Little-Things-Difference/dp/0316346624 

“The Rise of Decline of Nations” by Mancur Olson

Link: https://www.amazon.ca/Rise-Decline-Nations-Stagflation-Rigidities/dp/0300030797

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