Wednesday, February 07, 2007

give what you wish? does that work?

As someone who likes economics and social experiments and wants to run a coffee shop I had to share with you what I just read about this at this Richmond Business Blog:

At this coffee shop, the java is free

Freakonomics has a running commentary

I haven't had time to read it all yet but think it's an interesting concept. Share what you think with me!

I agree with what this commenter said:

From Freakonomics: 06 Feb 2007 at 10:12 pm # psteinx
...I agree with the other posters that these situations, when I’ve encountered them, make me uncomfortable. I would probably be inclined to overpay because I don’t want to feel like a cheapskate/freeloader, but I’d also be uncomfortable overpaying. Just tell me how much you want for your coffee. Let me feel happy when I feel like I’m getting a bargain, and let me choose another cafe if I feel I’m being overcharged.

Another aspect to this that makes me uncomfortable is the idea that everyone will likely be paying a different price. It reminds me of going on an airplane, where you never know whether you’re a chump or not without spending far more time than I prefer to in comparing prices…

1 comment:

Nathan Hughes said...

Thanks for the link. I think the comment you highlighted here mirrors my thoughts as a consumer exactly. I would feel obligated to overpay, but wouldn't like the guilt. I would probably go to another coffee shop just to avoid the dilemma altogether.