Posts Tagged ‘gift cards’

  • Decisions Have An Opportunity Cost That Require Tradeoffs

    Behavioral Economics: The Best Gifts

    Nov 19, 12 • 142 Views • Behavioral Economics, Economic Thinkers, Households, Thinking Economically, UncategorizedNo Comments

    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 coupons. Happily, I used every one, each time feeling that I had gotten...