The Science of Gift Giving
2012-12-12
When we buy someone a present, most of us try to get inside mind of the recipient, but thoughtful gifts–where you try to give someone what they want the most–are NOT the best bet. The giving of a thoughtful gift benefits the giver more than the person who receives it.
In the December 4th edition of the Wall Street Journal, Sumathi Reddy quotes behavioral scientist Nicholas Epley as saying, "It turns out it’s not the thought that counts, it’s the gift that counts."
So what DOES work best? Spending a lot of money isn’t important, thank goodness. It turns out that the gifts people like the most are things they have explicitly requested–so ask all your friends to MAKE A LIST! read more