Thread: Honor Systems
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  #73  
Old 09-05-2007, 01:37 AM
Josem Josem is offline
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Join Date: Jan 2007
Location: Victoria, Australia
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Default Re: Honor Systems

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I thought about the Freakonomics bagel guy when I started this thread. The guy runs an entire business around people paying on the Honor System with no enforcement mechanism at all (and it works).

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This is quite common around where I live; there are a huge number of farms that sell their produce out the front on the road, where people take the produce they want and leave the appropriate amount of money.

It simply wouldn't be economical to staff some of these relatively low volume outlets with people.
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