Consider a digraph where the vertices represent people and an arc (i, j) represents the possibility of i giving a gift to j. The basic question we pose is whether there is an anonymity-preserving “gift assignment” such that each person makes and receives exactly one gift, and such that no person i can infer the remaining gift assignments from the fact that i is assigned to give a gift to j. We ...

In this paper, we develop a newsvendor model in which the retailer gives ‘‘free’’ gift cards to consumers who purchase a regularly priced product at the end of the selling season instead of discounting the product. The model is developed for a market with patient consumers. We derive the sufficient optimality condition for the retailer’s stocking level in the first period and the optimal gift c...

Gift-giving involves both the objective value of a gift and the symbolic meaning of the exchange. The objective value is sometimes considered of secondary importance as when people claim, "It's the thought that counts." We evaluated when and how mental state inferences count in gift exchanges. Because considering another's thoughts requires motivation and deliberation, we predicted gift givers'...