The Deadweight Loss of Christmas Gifts

It’s that time of year again. The rush to buy Christmas gifts is here. However, let’s not fret over finding the right gift—economics tells us it’s inefficient. Procrastinate Much? Despite the frenzy of our shopping holidays like Black Friday, consumers end up buying last minute gifts. According to several reports, around 40 percent of consumers … Continue reading The Deadweight Loss of Christmas Gifts