Should You Tip for Takeout? - by Saul Levmore & Ward Farnsworth (Hardcover)

Book Synopsis

The thinking person's book of big answers to small questions. Applying tools for rationality from economics, law, and elsewhere to the everyday puzzles reveals fresh ways to consider problems of any size--including whether to tip for takeout.

Learn how to make better decisions in ordinary life. Does safely driving over the speed limit hurt anyone? Should you be allowed to spy on sports opponents? Is it fair to recline your seat on an airplane? Should you let someone who's in a hurry cut in line?

Saul Levmore and Ward Farnsworth invite you on a witty, accessible, and insightful tour of life's little puzzles and ways to understand them better. As the authors show, analyzing common questions is both fun and deeply rewarding.

But this isn't just a book about practical wisdom to make better choices--it presents a toolkit for a more rational life. Learn how Bayesian updating applies to getting a bad medical test. Discover how optimal-stopping theory applies to making the best choice whether buying a home, looking for a job, or finding the right life partner. See the hidden zero-sum game in buying a lifetime pass to anything.

To paraphrase the authors: Aids to rationality are most enjoyable, and easiest to learn about, when you meet them in familiar settings, so that's where we'll see them in action--with many insights along the way about business, politics, and the rest of life.

This is a friendly, funny, and deeply smart compendium devoted to the art of better thinking. It offers food for thought and conversation as well as a way to navigate those "should I" questions that define our lives. The authors' love of teaching shines through in this fascinating book that you'll want to read more than once.

Review Quotes

"Energetic, vivid, and full of wisdom. You'll learn a lot about rationality, and also about life. Don't miss it!"

--Cass R. Sunstein, Robert Walmsley University Professor, Harvard University, and author of The Price of Happiness: Behavioral Economics and Willingness to Pay

"Each of the 24 real-world puzzles are worthy of a Curb Your Enthusiasm episode, but the authors answer with more nuance and creativity. Levmore and Farnsworth provide a masterclass on inventive problem-solving."

--Ian Ayres, Oscar M. Ruebhausen Professor, Yale Law School, and author of Super Crunchers: Why Thinking-By-Numbers Is the New Way to Be Smart

"Fresh, witty, and incisive. The authors draw the reader into a valuable conversation about incentives, signals, and social norms, unsettling complacency and provoking self-examination. Fun to read and provocative."

--Martha C. Nussbaum, Law School and Philosophy Department, The University of Chicago, and author of Not For Profit: Why Democracy Needs the Humanities

About the Author

Saul Levmore is the William B. Graham Distinguished Service Professor at the University of Chicago Law School. He is a member of the American Academy of Arts and Sciences, and a past president of the American Law Deans Association and of the American Law and Economics Association.

Ward Farnsworth is Professor and W. Page Keeton Chair at the University of Texas School of Law. He is author of The Latin Tamer, The Socratic Method, The Practicing Stoic, and the Farnsworth Classical English series which includes Argument, Rhetoric, Metaphor, and Style--all published by Godine.