No it's not. It assumes there's a correlation between quality and customers, or at least that quality is a prime cause of customers. But there's no reason to think that's the case. In fact, it's more likely that location is the prime factor: the restaurants in Times Square in NYC are very busy, but they are by no means the best in the city or even particularly good. They just have great locations in the heart of the tourist zone.
I remember reading something by Tyler Cowen where, with regards to NYC restaurants, he advised trying the ones on the streets and not on the avenues, because the streets get less foot traffic and so have to be better to draw people in. I've found this generally to be true living here.
After location, the second most important element is probably hype/fame. The hot restaurant of the moment isn't the best restaurant of the moment, it's the one that has managed to capture people's attention, which could be for a variety of reasons ranging from a celebrity chef to some new gimmick.
The vast majority of america does not have such a bias toward location. It's makes a good heuristic, in america. It's not surprising when there's exceptions.
No it's not. It assumes there's a correlation between quality and customers, or at least that quality is a prime cause of customers. But there's no reason to think that's the case. In fact, it's more likely that location is the prime factor: the restaurants in Times Square in NYC are very busy, but they are by no means the best in the city or even particularly good. They just have great locations in the heart of the tourist zone.
I remember reading something by Tyler Cowen where, with regards to NYC restaurants, he advised trying the ones on the streets and not on the avenues, because the streets get less foot traffic and so have to be better to draw people in. I've found this generally to be true living here.
After location, the second most important element is probably hype/fame. The hot restaurant of the moment isn't the best restaurant of the moment, it's the one that has managed to capture people's attention, which could be for a variety of reasons ranging from a celebrity chef to some new gimmick.