Showing posts with label business. Show all posts
Showing posts with label business. Show all posts

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…