As a poser economist (as Jeff Ely calls me), I love to complain about the social inefficiency of gift giving. It's a terrible idea, guys! We waste 13 billion dollars a year on it! But I do appreciate that I have a tendency to pooh-pooh social conventions far too... »
Archive for December, 2009
Scroogenomics vs Ulterior Motives (and Other Justifications for Gift Giving)
Thursday, December 31st, 2009
Tags: christmas, economics, social efficiency
Posted in Uncategorized | 2 Comments »
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Sharad Goel and Daniel Reeves work in the Microeconomics and Social Systems (MESS) Group at Yahoo! Research. Kelly Savage illustrates the blog.
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