Santa studies
I’m a little late with this I know but Marc Abrahams, editor of the Annals of Improbable Research has found a number of quirky Christmas-related academic studies, which are summarised in his Guardian column. My favourite?
Joel Waldfogel at the University of Pennsylvania reported in the American Economic Review: “A potentially important micro-economic aspect of gift-giving is that gifts may be mismatched with the recipients’ preferences … Estimates indicate that between a tenth and a third of the value of holiday gifts is destroyed by gift-giving.”
If there are any relations reading I assure you that your own ones lost no value!
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