Three business people meet for lunch at an Indian restaurant. They decide that each person will order an item off the menu, and they will share all dishes. They will split the cost of the final bill evenly among each of the people at the table. When the food is delivered to the table, each person faces incentives similar to the

Question

Quizplus · Accepted Answer

Each person faces incentives similar to the consumption of a common resource good because they are sharing the dishes, which are rivalrous and non-excludable, similar to how common resources are consumed.

Three Business People Meet for Lunch at an Indian Restaurant