Search results
Results from the WOW.Com Content Network
A potlatch is a gift-giving feast practiced by Indigenous peoples of the Pacific Northwest Coast of Canada and the United States, [1] among whom it is traditionally the primary governmental institution, legislative body, and economic system. [clarification needed][2] This includes the Heiltsuk, Haida, Nuxalk, Tlingit, [3] Makah, Tsimshian, [4 ...
The gift-exchange game simulates a labor-management relationship execution problem in the principal-agent problem in labor economics. [2] The simplest form of the game involves two players – an employee and an employer. The employer first decides whether they should award a higher salary to the employee. The employee then decides whether to ...
Social exchange theory is a sociological and psychological theory that studies the social behavior in the interaction of two parties that implement a cost-benefit analysis to determine risks and benefits. The theory also involves economic relationships—the cost-benefit analysis occurs when each party has goods that the other parties value. [1]
Below, shop 35 white elephant gift ideas—some funny, some useful, some thoughtful—that have potential to be the best gift in the pile. Voluspa Limited Edition Japonica Mini Candle, $10 ...
A man "steals" a gift in a white elephant gift exchange, while its previous owner is reluctant to relinquish it. A white elephant gift exchange, [1] Yankee swap[2] or Dirty Santa[3][nb 1] is a party game where amusing and impractical gifts are exchanged during festivities. The goal of a white elephant gift exchange is to entertain party-goers ...
Wampum Georgina Ontario [clarification needed] Wampum is a traditional shell bead of the Eastern Woodlands tribes of Native Americans. It includes white shell beads hand-fashioned from the North Atlantic channeled whelk shell and white and purple beads made from the quahog or Western North Atlantic hard-shelled clam.
e. In cultural anthropology, reciprocity refers to the non-market exchange of goods or labour ranging from direct barter (immediate exchange) to forms of gift exchange where a return is eventually expected (delayed exchange) as in the exchange of birthday gifts. It is thus distinct from the true gift, where no return is expected.
e. The Moka is a highly ritualized system of exchange in the Mount Hagen area, Papua New Guinea, that has become emblematic of the anthropological concepts of "gift economy" and of "Big man" political system. Moka are reciprocal gifts of pigs through which social status is achieved. Moka refers specifically to the increment in the size of the ...