Friday, 25 December 2009

Scroogenomics: why you shouldn’t buy presents for Christmas

In this audio from, Joel Waldfogel of the University of Pennsylvania’s Wharton School talks to Romesh Vaitilingam about his new book, Scroogenomics. They discuss his measurements of the deadweight loss of Christmas gift giving over time and across countries, the motivations that people have for giving, and his ideas for encouraging charitable giving at the holidays.

1 comment:

Julian said...


Thanks for this post. Always enjoy discussions which try to rationalise behaviour from an economic perspective.