Waiting for Merlot: Why Experiences Make Better Gifts Than Stuff

November 18, 2014 10:37 PM

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How are you going to continue your spotless record of finding each of the people in your life the perfect holiday gift? Or more likely, how are you going to end that losing streak? ("Wow. A toaster oven. Gee, thanks!")

Research has shown that life experience, more than things, provides the most enduring pleasure. A weekend trip to Cabo packs more of a punch than a big screen TV. Tickets to the latest Who farewell concert or Broadway revival trump the new smartphone. But a new study conducted in collaboration by Co...

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