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August 28, 2004
The Cry Bar in Nanking; Norm Entrepreneurs
From the
July 31 WORLD magazine:
One of the hottest bars in the Chinese city of Nanjing sports only a sofa, a few tables, and tissue paper - a lot of tissue paper. The AFP news service reports that the city�s first "cry bar," where customers can sit and cry for $6 per hour, is growing in popularity. Owner Luo Jun says he opened the bar when clients of his last business said they often wanted to cry but didn�t know when or where it would be appropriate to do so.
I was just talking with my grad students yesterday about social norms and multiple equilibria. This is a great example of Norm Entrepreneurship. Mr. Jun saw an opportunity, and took it.
Posted by erasmuse at August 28, 2004 04:25 PM
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» The Crying Bar from Business Opportunities Weblog
World Magazine: "One of the hottest bars in the Chinese city of Nanjing sports only a sofa, a few tables, and tissue paper - a lot of tissue paper. The AFP news service reports that the city's first 'cry bar,'... [Read More]
Tracked on September 3, 2004 10:48 AM
» Cashing in on Crying from Common Knowledge
Eric Rasmusen has an interesting post about new "crying bars" on his blog: One of the hottest bars in the Chinese city of Nanjing sports only a sofa, a few tables, and tissue paper - a lot of tissue paper. [Read More]
Tracked on September 5, 2004 06:30 AM