From The Atlantic: If economists wrote Christmas cards.
You’ve worked all year, splurge, baby: From Black Power/Grad Skool Rulz
Written by fabiorojas
December 24, 2013 at 12:06 am
Posted in economics, fabio
Subscribe to comments with RSS.
Actually that message reflects more sociological arguments. Economists argue that gift exchange is Pareto inefficient. Deadweight loss as receivers tend to value gift less than what giver paid for it..
December 24, 2013 at 1:18 am
Isn’t this one of those relational work things?
December 24, 2013 at 3:38 pm
Comments are closed.
Create a free website or blog at WordPress.com. The Journalist v1.9 Theme.
Get every new post delivered to your Inbox.
Join 2,552 other followers