> There are many things that are beyond supply and demand: love, sex, children.
Those are most definitely connected to supply and demand.
High status men get high status women, and vice versa. What do you think drives the price of a hoe? And how many children one has is often the result of willingness to pay for them.
> Why should restaurant reservations be any different?
Those are most definitely connected to supply and demand.
High status men get high status women, and vice versa. What do you think drives the price of a hoe? And how many children one has is often the result of willingness to pay for them.
> Why should restaurant reservations be any different?
And indeed, they aren't.