As if you didn’t have enough problems:
Every buy a gift for someone that you’re absolutely certain they’ll
love only to realize that you’re totally off the mark? New research
suggests that the better you know someone, the harder it can be to
predict their taste. According to researchers at Tilburg University and
Kathiolieke University, we rely too heavily on preconceived notions
because we often think we’re much more similar to the people we love
than we actually are.
Here is more. Here is my previous post on the deadweight loss of Christmas.
Why not reduce the deadweight loss of Christmas presents by listing your favorite charities and letting those who itemize have that as an option? I think there is a woman in Ethiopa who needs surgery for her fistula more than I need a Brooks Brothers gift card.
I find this to be true for family but not for someone I’m dating.
You’re really missing the point. Most yuppies have far too much money, and too little community. Xmas is a way of trading one for the other.
The study cited emphasizes the problems of having really tight priors.
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