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Environmental Impacts Of Holiday Gift Giving Of Books And Movies, Benjamin Shaffer
Environmental Impacts Of Holiday Gift Giving Of Books And Movies, Benjamin Shaffer
DePaul Discoveries
This project examines the relationship between gift giving deadweight loss (when the cost of a gift exceeds it value to the recipient) or welfare gain (when the value of a gift to a recipient exceeds the cost of a gift), and the environmental impact of gifts. Surveys of American adults were used to determine the economic welfare losses or gains created by holiday gift giving, comparing gifts of traditional (paper) books and DVD or Blu-ray format movies. Both products showed overall welfare gains as gifts, with books averaging a larger welfare gain than movies. An ANOVA was done to determine …