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WHO GETS WHAT – AND WHY? ALVIN E. ROTH CHAPTER 12 FREE MARKETS AND MARKET DESIGN EDWARD CHIA-WEI LEE (李家緯), WEN-HAN HSIEH(謝文翰) SEE MARKETS IN NEW WAYS RESTAURANT A Reservation → Seated with drink → Order the meal → Meal served → Bill is brought to the table → Pay and leave RESTAURANT B Write names on waiting list → Wait outside → Seated and Order meals → Meal served → Pay the bill at cash register RESTAURANT C Line up at cash register → Order meals and pay → Meal served → Find a table and eat DIFFERENT CONGESTION TIME SPENT Waiting for Seats Waiting for Meals Eating A B C DIFFERENT STRATEGIES Congestion Tablecloths A Kitchen Reservation White B Dinning Room Wait in line Plastic C - - None BEYOND CONGESTION OTHER THINGS THAT MARKETPLACES MUST HANDLE? SAFETY-QUALITY How can you make sure that you’ll get service and food as expectation? • Local reputation • Crowd-sources guides (Yelp, tabelog, ipeen) • Franchise

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How can you make sure the food you get won't make you ill? • Government regulation. • Health Code. “Food is subject to contamination from vermin”

who gets what – and why? alvin e. roth PDF

22 Pages·2017·1.03 MB·English

by Edward Lee

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by Edward Lee| 2017| 22 pages| 1.03| English

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How can you make sure the food you get won't make you ill? • Government regulation. • Health Code. “Food is subject to contamination from vermin”

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Author:	Edward Lee
Publication Year:	2017
Pages:	22
Language:	English
File Size:	1.03
Format:	PDF
Price:	FREE

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