Deadweight loss of Christmas

Few days before Christmas I came across to my mind one really interesting article in Economist. There is written about the deadweidht loss of Christmas and gifts in general. It is very short, but has nice analysis and shows how economic concepts could be used in different situations.

You can find it here http://bpp.wharton.upenn.edu/waldfogj/xmas_files/Economist%2012-20-2001.pdf

It is by the way a nice motion to run “This house doesn’t believe in Christmas” 🙂

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s