Category Archives: Economics of Dining

“Around since xxxx”

Posted on 2023/12/24 by .

From a reader, Matt: Is “Since 19XX” a positive or negative signal for a restaurant? I passed a BBQ restaurant in Denver recently with such a sign. If it’s been around so long but is good, why haven’t I heard … Continue reading →

Posted in Economics of Dining | Tagged | 1 Comment

Amazon drivers’ urine packaged as energy drink, sold on Amazon

Posted on 2023/10/21 by .

The drink had all the hallmarks of a beverage sensation. Striking design, bold font, and the punchy name Release. But inside, each bottle was filled with urine allegedly discarded by Amazon delivery drivers and collected from plastic bottles by the … Continue reading →

Posted in Delivery, Economics of Dining | Tagged , , , | 1 Comment

Agglomeration externalities from restaurants

Posted on 2023/06/17 by .

We estimate agglomeration externalities in Milan’s restaurant sector using the abolition of a unique regulation that restricted where restaurants could locate. In 2005, Milan abolished a minimum distance requirement that had kept the number of establishments artificially constant across neighborhoods. … Continue reading →

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The decline of Michelin-starred restaurants

Posted on 2023/02/23 by .

That is the topic of my latest Bloomberg column, here is one bit: And then there is the spread of the Michelin brand. There are now Michelin guides for many US cities, which has caused the brand to lose some … Continue reading →

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The economics of why Noma is closing

Posted on 2023/01/12 by .

Here is the take of yours truly: Tyler Cowen, a professor of economics at George Mason University in Fairfax, Va., and a devoted restaurant-goer, says that people are misinterpreting Redzepi’s intentions with the closure. Cowen doesn’t think the chef is … Continue reading →

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The New Top Chef

Posted on 2021/10/07 by .

During the pandemic a pasta restaurant launched on UberEats in Paris. Cala quickly attracted a top 1% rating for it’s high quality to price ratio. Only now has it been revealed that the chef is a robot. “We wanted to … Continue reading →

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“You have to order all at once”

Posted on 2021/03/14 by .

Boia De, web site, 5205 NE 2nd Ave Miami, FL 33137 [Trip Advisor | 4 CBS | Ylp] Lung Yai Thai Tapas, web site 1, web site 2, 1731 SW 8th St, Miami, FL 33135 [Trip Advisor | Ylp | … Continue reading →

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Delivery service price cap regulations

Posted on 2020/06/15 by .

Ben emails me: Could you please consider and comment on some of the unseen consequences of local price caps on restaurant delivery services? (Politico article describing the phenomenon in SF, NYC, etc.) A highly competitive market for such services exists … Continue reading →

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Will Covid-19 expose the ghost firms?

Posted on 2020/05/19 by .

That is the topic of my latest Bloomberg column, here is one excerpt: Demand for in-restaurant dining is likely to fall as well, though estimates vary. Since the average small business carries less than a month’s worth of liquid reserves, … Continue reading →

Posted in Alexandria, Annandale, Arlington, Bailey's Crossroads, Centreville/Manassas, Crystal City/Pentagon City/National Airport, Economics of Dining, Eden Center, Fairfax, Falls Church/Seven Corners, Herndon/Reston/Ashburn/Chantilly / Dulles Airport, Leesburg/Winchester, McLean, Merrifield / Mosaic, Springfield, Vienna/Tysons, Virginia | Tagged , , , , , , | Comments Off on Will Covid-19 expose the ghost firms?

Support your favorite restaurant!

Posted on 2020/03/15 by .

If you wish to support your favorite restaurant, and the American economy at the same time, perhaps consider buying a gift card from them? They get the money now and stay solvent, and you can cash in the card later, … Continue reading →

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