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Restaurant to Move Menu Prices Based on Demand

Out-on-the-towners in Manhattan have a new reason to pay attention to the stock market: the new Exchange Bar & Grill plans to move food and beverage prices according to demand. A traditional Wall Street ticker will flash menu prices as they change, making it the ideal date spot for econ nerds. Here's more:

Customers can move prices for all beverages and bar snacks such as hot wings ($7 for 6 pieces) or fried calamari ($9). The prices will fluctuate in $.25 cent increments, but will most likely plateau at a $2 change in either direction. A glass of Guinness starts at $6 but could be pushed to a high of $8 or a low of $4, depending on popularity.

The owners freely admit the stock exchange theme is a gimmick, but hope the good deals will fill the bar. The shtick reminds me of the diner that pulled in big business once it adopted a no pricing policy. Are you eating it up?

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Spectra Spectra 5 years
It's an interesting idea, but I wonder how practical it will be in real life. How often will the prices adjust? What happens if something is very routinely unpopular? Will they take it off the menu?
rb24 rb24 5 years
This restaurant is in my neighborhood. I havent checked it out yet but I think this could get annoying
ShaynaLeah ShaynaLeah 5 years
As an econ-chick I think its adorable --- and likely to encourage dining at off beat hours ;-) But I think it would be a pain in the neck for the waitstaff to deal with the checks!
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