« "Pay what you want" results analyzed at Magnatune | Main | Paypal versus credit card sales: how do people pay? »

December 11, 2004

Comments

thomjon

Fantastic company! Fantastic music(pre-1800 classics)!

I love the concept and do wish you had gift certificates as that is what I would request for Christmas. Maybe that's something Paypal should pursue?

As for why does anyone pay more than $5? Economists have always been convinced, and convinced us, that people always act in their best economic self-interest. However, now that they're actually doing research instead of making assumptions, their research shows that people will sacrifice economically in order to punish people who are perceived as being unfair.

Likewise, I believe that people forfeit economically in order to be fair themselves. Even when they don't have to be.

The comments to this entry are closed.