Monday, December 19, 2011
What economists know about Christmas - lots, enjoy
From Frontier Economics
Download the whole thing.
"It’s easier to think of economists as the prophets of trading doom than as Santa’s little helpers – too busy telling everybody what’s happening to productivity, energy demand and like-for-like sales to provide any insights into the annual exchange of goodwill and good-or-ill gifts to family and friends. So Frontier Economics has been scouring the academic literature of behavioural economics for tips to make that last struggle with your present list a little easier…"
Frontier Economics - Present Values
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