000			01418nam a22001577a 4500
999			_c515369 _d515369
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100			_aAzar, Ofer H. _923691
245			_aThe Economics of Tipping
260			_aThe Journal of Economic Perspectives
300			_a34(3), Spring, 2020: p.215-236
520			_aTipping involves dozens of billions of dollars annually in the US alone and is a major income source for millions of workers. But beyond its economic importance and various economic implications, tipping is also a unique economic phenomenon in that people pay tips voluntarily without any legal obligation. Tipping demonstrates that psychological and social motivations can be a substantial reason for economic behavior, and that economic models should go beyond a selfish economic agent who has no feelings in order to capture the full range of economic activities. This article discusses some aspects of tipping, with an emphasis on economic issues: the history of tipping, the main reasons for tipping, why tipping could be a welfare-increasing and sustainable social norm, the relationship between tipping and service quality, how tipping represents a struggle over rents, and issues of discrimination and sexual harassment related to tipping. –Reproduced
650			_aWorkers _923692
773			_aThe Journal of Economic Perspectives
906			_aTIPPING - UNITED STATES
942			_cAR