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THE INEFFICIENCY OF SPLITTING THE BILL Uri Gneezy Ernan Haruvy and Hadas Yafe When agents are ascribed selsh motives economic theory points to grave inefciencies resulting from externalities

We study a restaurant setting in which groups of diners are faced with different ways of paying the bill The two main manipulations are splitting the bill between the diners and having each pay individually We 64257nd that subjects consume more when

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THE INEFFICIENCY OF SPLITTING THE BILL Uri Gneezy Ernan Haruvy and Hadas Yafe When agents are ascribed selsh motives economic theory points to grave inefciencies resulting from externalities






Presentation on theme: "THE INEFFICIENCY OF SPLITTING THE BILL Uri Gneezy Ernan Haruvy and Hadas Yafe When agents are ascribed selsh motives economic theory points to grave inefciencies resulting from externalities"— Presentation transcript: