Surprise weddings limit rent-seeking and excess signaling

July 24, 2017
mm

Surprise weddings limit rent-seeking and excess signaling

By 8 p.m., the party was in full swing when the couple took to the stage, the front of a sign pressed up against Ms. Pienkowski’s chest. The crowd quieted…The D.J. took a musical pause.

“You’ve been so patient about the date of our wedding,” she said. “We promised we would tell you tonight when it will be. I hope people are ready to pack their bags and get excited, because …” She then paused to turn over the sign, which read, “Surprise! Welcome to the wedding of Lauren & Corey, March 18, 2017.” “It’s today.”

And:

…such weddings are becoming popular among couples who can’t pin down a date months in advance, are overwhelmed by the prospect of planning a huge gala, or want to save a bundle on doing an out-of-season event (sometimes without having to provide dinner).

And:

“I overhead someone screaming to their date: ‘Put more money in the card, it’s a wedding. It’s. A. Wedding!’” he said. “People were screaming: ‘Oh my God! Oh my God!’ We really nailed this.”

Here is the NYT story, of course not everyone wants to limit rent-seeking and excess signaling.

What else should we do on a surprise basis?  Tenure votes?

(Why?)

Category: Current Affairs

Article Categories:
General Economics Blogs

Leave a Comment

Your email address will not be published. Required fields are marked *

Close