![]() Our mission? To feast ourselves on all the economics we can handle at the all-you-can-eat buffet. Today on the show, we're headed to the place where the modern buffet may have been born: Las Vegas. From classic concepts like adverse selection, sunk costs, diminishing marginal returns, to more exotic economic mysteries, like the flat rate pricing bias. ![]() Here at Planet Money we believe there's a lot of economics going on at the all-you-eat buffet, tucked in between the mountains of brisket and troughs of mashed potatoes. But you know where you can really see a lot of economic concepts in action? Buffets. ![]() An economic scavenger hunt at a Las Vegas all-you-can-eat buffet : Planet Money You might expect to find economic concepts in the pages of an economics textbook. ![]()
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