Menu pricing and matching of preferences for sushis

Unpublished

In this paper, I expose a model of multidimensional matching between supply and preferences for sushi menus. From this theoretical model I derive several stylized facts which I test on real menus. According to my theoretical model, the prices in a risk neutral restaurant would be independent from one another and from the relative preferences for the different menus. Also, in such a restaurant, prices would be increasing and concave functions of menu sizes. A risk adverse restaurant would set smaller prices than the risk neutral one but this discount would be smaller on the most preferred menus. Also, prices would be increasing but almost linear functions of menu sizes.

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