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> One way to quantify how much these internet services are worth is by asking people how much money they would have to be paid to forgo using them for a year.
by o_____________o 8y ago
> One way to quantify how much these internet services are worth is by asking people how much money they would have to be paid to forgo using them for a year.
This would inspire much larger numbers than "how much would you pay to use this service if no free alternatives were available"
- schoen 8y agoMaybe this is a form of loss aversion? https://en.wikipedia.org/wiki/Loss_aversion https://en.wikipedia.org/wiki/Loss_aversion