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Valuing free goods
marginalrevolution.com/marginalrevolution/2025/10/valuing-free-goods.html
There is a new AEJ Macro paper by Brynjolfsson, et.al. on how to value free goods. Here is one of the concrete measures:
Using this approach, we estimate the reservation price [for giving up Facebook] to be $2,152 in 2003 US dollars.
That is for the 2017 version of Facebook. Note this…
This story appeared on marginalrevolution.com, 2025-10-03 07:01:34.