Monday, June 6, 2011

The Coase Theorem and Hotel Bathrooms

It is possible to un-wrinkle a suit-jacket by hanging it in the bathroom, turning on the shower, and leaving the steam to remove the creases.

I can safely report that this process has the side effect of turning the bathroom into a soggy mess, with sodden toilet paper rolls and water dripping from the ceiling.

The extra time spent for the maid to clean the bathroom is likely less than the cost of dry cleaning a jacket free of charge.

Somewhere, Ronald Coase is shaking his head.


  1. Dude, you are not supposed to leave it there for hours. 15-20 min is enough!

  2. Ha. Yes, I kind of figured that out ex-post - the more you know. Again, this sounds like something that could have and should have been contracted on, but wasn't. Unlucky, hotel!