FLAT-RATE PRICING is all around you. It is the common form of commerce for most of the things you buy and almost all of the things you consume. The doctor who, long ago, took care of your mother and ...
The flat rate versus time & materials pricing debate has long been settled… or has it? Apparently, there are still plumbers who like doing things the hard way and believe there’s nobility in pricing ...
All-you-can-eat buffets highlight an economic idea known as the flat rate pricing bias. To explain how it works, our Planet Money team went to the buffet capital of America: Las Vegas. Our colleagues ...
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