Keyword: variety

Flat-rate Pricing (6/22/2006)

Flat-rate pricing may increase the bottom line of businesses when consumers over-estimate the amount they might consume and under-estimate the cost of un-restrained use.

Keywords: all-you-can-eat, Boston, flat-rate pricing, Greyhound Bus, gym membership, health club, procrastination, Red Lobster, variety

Variety Is the Spice of Life? (7/27/2000)

Thanks to the law of diminishing marginal utility, couples in a heated love relationship manages to divert exclusive time spent together to other higher yielding activities.

Keywords: diminishing marginal utility, diminishing returns, love, satisfaction, variety