1. Social Norms and Customer Tipping
Most economists argue that tipping is not economically efficient and consumers tip for psychological value. ... He explains that this is an important finding because not only is the customer anticipating a tip, the servers as well assess diners when deciding the level of service quality and professionalism to provide, in return ultimately induces the tip rewarded. ... Some economists believe tipping is not economically efficient and suggest that tipping derives from psychological values, including feelings of empathy and gratitude. ... Through the study of 37 tipped and non-tipped occupations ...
- Word Count: 1425
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate