What is a Gift Economy?
The gift economy is a branch of economics. This concept is proposed to refute the planned economy, which believes that human behavior is considered through rational calculation.
Gift economy
Right!
- Chinese name
- Gift economy
- Foreign name
- gift economy
- Type
- economics
- Explanation
- There is no clear expected return target for the provided product
- The gift economy is a branch of economics. This concept is proposed to refute the planned economy, which believes that human behavior is considered through rational calculation.
- The gift economy refers to those who provide goods or services that do not have a clear expectation of what to give back, nor what they expect to give back. There are many sharing behaviors that come from non-standard habits. At the same time, the giving and receiving of gifts has been transformed into an unspecified obligation, forming a hidden relationship between the giver and the recipient. The gift economy is also considered to be a debt economy, in which the goal of the trader is to obtain as many gift debtors as possible, unlike in the commodity economy for the purpose of obtaining the maximum profit.