The Gift You Didn’t Want

Although you’ll see that the Amazon reviews for How to Avoid Huge Ships are hilarious, it’s still one of those unwanted gifts that creates deadweight loss.

Econlife Quiz: The Economics of Holiday Shopping

Are you a typical holiday shopper? The latest econlife quiz might give you a few clues. From average spending to regifting and the triggers that make us buy more, the econlife team looks at the economics of holiday shopping. My sources and more: Thanks…

Behavioral Economics: The Best Gifts

A gift can be worth much more or less than its price tag. It just depends on whether you are the giver or the receiver. One of the best gifts I have ever gotten was a book of car wash…