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Gift giving Take out a piece of paper Think about this past Christmas – Estimate the dollar cost of all of the gifts you received – Estimate the dollar.

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Presentation on theme: "Gift giving Take out a piece of paper Think about this past Christmas – Estimate the dollar cost of all of the gifts you received – Estimate the dollar."— Presentation transcript:

1 Gift giving Take out a piece of paper Think about this past Christmas – Estimate the dollar cost of all of the gifts you received – Estimate the dollar value (to you) of all of the gifts you received – Are they equal?

2 Gift giving Is cash the best gift of all? You know your preferences – It takes time and effort for someone to find you the perfect gift

3 Gift giving Why was Elaine mad at Jerry? Signaling – an action taken by an informed party to reveal private information to an uninformed party “Show her how much you love her”


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