Economists and theologians usually inhabit different intellectual worlds. Economists
investigate the workings of markets and tend to set ethical questions aside. Theologians …

Gift cards have received limited study despite being a key element of many retailers'
strategies. One reason may be that approaching the study of gift cards from a traditional …

While profitable business models elude many virtual worlds, sales of virtual products are a
potentially lucrative source of revenue. One new addition to this strategy is virtual gifting …

Gift giving generates high revenues for retailers. It is also marked with significant welfare, or
deadweight, loss in that givers tend to pay more than the receivers' valuation. Previous …

In Western societies, in-kind gifts are generally more common than money gifts. However,
exchange of in-kind gifts potentially involves inefficiency. Several models have been …

In his Scroogenomics, Joel Waldfogel argues that gifting creates enormous deadweight loss,
as individuals give one another gifts that they do not want or cannot use. He views efficiency …

This article reviews the literature on Christmas economics. First, we present an overall
picture of the debate on the potential welfare loss of gift‐giving and we show strategies that …

Morgens, mit dem Klingeln des Weckers, wird von Ihnen bereits eine erste Entscheidung
gefällt, die gleich zwei ökonomische Gedanken beinhaltet. Sind Sie dem Weckruf Ihres …

By focusing on the price and trading volume movements around the ex-days of shareholder
perks, we investigate whether and how investors value shareholder perks. Using …

Purpose This paper aims to examine whether consumers' appreciation of promotional gifts
exceeds firms' cost of providing these gifts. The paper also compares characteristics of …