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Nimish Adhia - Is Tipping A Good Practice?
Manage episode 451095029 series 3581197
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Alex speaks with Nimish Adhia about the practice of tipping, exploring its cultural and economic implications, as well as its persistence despite widespread criticism from various stakeholders. Adhia discusses the historical origins of tipping, its impact on workers and customers, and coordination problems that prevent its abolition, referencing his own case study on the topic.
References“The Theory of Moral Sentiments” by Adam Smith
Link: https://www.amazon.ca/Theory-Moral-Sentiments-Adam-Smith/dp/0143105922
“The Strategy of Conflict” With a New Preface by the Author” by Thomas Schellin
Link: https://www.amazon.ca/Strategy-Conflict-Thomas-C-Schelling/dp/0674840313
“Governing the Commons: The Evolution of Institutions for Collective Action” by Elinor Ostrom
Link: https://www.amazon.ca/Governing-Commons-Evolution-Institutions-Collective/dp/1107569788
“The Tipping Point: How Little Things Can Make a Big Difference” by Malcolm Gladwell
Link: https://www.amazon.ca/Tipping-Point-Little-Things-Difference/dp/0316346624
“The Rise of Decline of Nations” by Mancur Olson
Link: https://www.amazon.ca/Rise-Decline-Nations-Stagflation-Rigidities/dp/0300030797
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