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by Ayjay 5766 days ago
Looking at it from a market perspective, there is a limited supply of something (ie. seats at a table at a reasonable time), and a demand. It's then not a surprise that getting a table costs you more. The only surprising thing is that it seems suprising!

When there's a limited supply of anything, naturally the price will rise. In every other market, there is no benefit to being "first in line" for the product - the price is the price.

Why not have an auction system for getting tables? Whenever a table becomes free, the maitre d' asks everyone to bid on the table. If no-one bids, then whoever is first in line gets it. That seems like the fairest system - no-one can game the system by bribing because it's all completely open and honest.

Why don't any restaurants do this? As a bonus side effect, you'd probably attract the people with more money to spend, as they figure they can guarantee themselves a quick table. Also, this allows the people that really want to go to a restaurant to splurge on getting the first available table, while someone who doesn't really care might leave and go somewhere else.

Basic market forces causing the most optimal distribution of a limited resource.

-- Ayjay on Fedang