Getty Images / WIRED
When Parag Waknis lived in the United States, he would give friends and colleagues the same gift every year: a voucher. Often derided for their lack of originality and thoughtfulness, these much-maligned rectangles of plastic are some economists’ perfect gift: something that technically fulfills the criteria of a present while also giving the recipient the freedom to choose their own gift. “I was completely convinced that cash was the way to go,” Waknis says.
After moving to India in 2018 to become an associate professor of economics at Ambedkar University Delhi, Waknis found himself under pressure to give gifts that show how well he knows the recipient. His carefree days of doling out gift cards no matter the occasion are increasingly a thing of the past. Yet Waknis can’t shake the thought that there is a glaring economic flaw with gift giving. Sometimes, recipients just don’t like what they get.
KAIST emeritus professor Lee wins AIS LEO Award
Posted : 2020-12-14 15:48 By Kim Bo-eun
Lee Jae-kyu / Courtesy of KAISTKorea Advanced Institute of Science and Technology (KAIST) Professor Emeritus Lee Jae-kyu has won the Association for Information Systems (AIS) LEO Award for this year, the school said Monday.
The AIS, comprised of members from around 100 countries, is a professional association for individuals and organizations who lead the research, teaching and practice of information systems worldwide.
The LEO award, established in 1999 by the AIS Council, recognizes outstanding individuals in the field of information systems. All recipients are scholars who are assessed to have made a global impact in the field.