In this episode, we explore the economics of gift-giving and discuss the psychological, social, and economic factors that influence our gift-giving decisions. We'll delve into the psychology of gift-giving and why people give gifts, as well as the costs and benefits of different gift-giving strategies. We'll also talk about the importance of finding a balance and considering non-monetary gifts, such as experiential gifts or homemade items, to minimize costs and maximize the value and enjoyment of our gifts. Whether you're a seasoned gift-giver or just getting started, this episode is full of insights and tips to help you make more thoughtful and meaningful gift-giving choices.