Tag: consumption
No-Ho-Ho: The Economics of Holiday Gift Giving

With holiday gift shopping in season and the COVID-19 pandemic rampant, consider the relative merits of giving cash instead of presents. A study of gift giving found that recipients undervalue presents by as much as 30 percent of the purchase price. Givers, by contrast, implicitly value them more or less fully ex ante; otherwise...
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  • Catalyst
  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org