{"id":11909,"date":"2014-12-28T09:00:50","date_gmt":"2014-12-28T14:00:50","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=11909"},"modified":"2014-12-28T12:09:53","modified_gmt":"2014-12-28T17:09:53","slug":"the-economics-of-all-you-can-eat-buffets","status":"publish","type":"post","link":"https:\/\/www.Centives.net\/S\/2014\/the-economics-of-all-you-can-eat-buffets\/","title":{"rendered":"The Economics Of All You Can Eat Buffets"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2014\/12\/122814_1705_TheEconomic1.jpg\" alt=\"\" width=\"640\" height=\"427\" \/><\/p>\n<p>Bourree Lam wrote about the business of buffets:<\/p>\n<ul>\n<li>Studies have indicated that the more people pay for an all you can eat buffet, the higher patrons rate the quality of the food.\n<ul>\n<li>The buffet business is lucrative since restaurants don&#8217;t have to pay much for wait staff \u2013 people serve themselves.<\/li>\n<li>At some specialty buffet places customers are presented with a range of ingredients and encouraged to cook their own food, further reducing costs.<\/li>\n<li>All you can eat places are usually family or group affairs which is good for the restaurants as there are usually only 1-2 &#8220;super-eaters&#8221; in the group while other family members eat much less than what they paid for.<\/li>\n<\/ul>\n<\/li>\n<li>One company inputs metrics about food that was wasted into a computer program. This is then used to figure out how much food to prepare.<\/li>\n<li>Salads, for example, are particularly popular at the beginning of a new year.<\/li>\n<\/ul>\n<p>Read more about the economics of the business over <a href=\"http:\/\/www.theatlantic.com\/business\/archive\/2014\/12\/the-economists-who-studied-all-you-can-eat-buffets\/384033\/\">here<\/a>. Read our earlier coverage about all you can eat places <a href=\"http:\/\/www.centives.net\/S\/2014\/all-you-can-eat-is-a-sham\/\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.theatlantic.com\/business\/archive\/2014\/12\/the-economists-who-studied-all-you-can-eat-buffets\/384033\/\">The Atlantic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bourree Lam wrote about the business of buffets: Studies have indicated that the more people pay for an all you can eat buffet, the higher patrons rate the quality of the food. The buffet business is lucrative since restaurants don&#8217;t have to pay much for wait staff \u2013 people serve themselves. At some specialty buffet [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11908,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11909","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"https:\/\/www.Centives.net\/S\/wp-content\/uploads\/2014\/12\/122814_1705_TheEconomic1.jpg","_links":{"self":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/11909","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=11909"}],"version-history":[{"count":3,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/11909\/revisions"}],"predecessor-version":[{"id":11912,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/11909\/revisions\/11912"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/11908"}],"wp:attachment":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=11909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=11909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=11909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}