Instructional Video

The Economics of Seinfeld: The Chinese Restaurant

Curated by ACT

Video clip [4:12] from Seinfeld season 2 in which Elaine wonders why restauarant seating isn't allocated based on "level of hunger" demonstrating with humor the economic terms of efficiency and rationing mechanisms.

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Additional Tags
allocation and scarce resources, efficiency, rationing mechanisms, the economics of seinfeld: the chinese restaurant, allocation, fundamental economic concepts
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