The Deal

Jerry gives Elaine cash for her birthday, thinking she can spend it on whatever she likes best. But Elaine is mortified; she wanted a thoughtful gift that signaled Jerry had put great thought into his gift. Kramer enters and does just that—gives Elaine a thoughtful gift.

Concepts: deadweight loss of gift-giving signaling utility

Source: Seinfeld

Season: 2

Disc: 4

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