Tag: pay-what-you-want pricing

Paper:  Making Money by Giving It for Free – Radiohead’s Pre-Release Strategy for In Rainbows | Harvard Kennedy School

Paper: Making Money by Giving It for Free – Radiohead’s Pre-Release Strategy for In Rainbows | Harvard Kennedy School

Abstract In 2007 a prominent British alternative-rock band, Radiohead, pre-released its album In Rainbows online, and asked their fans to “pick-their-own-price” (PYOP) for the digital download. The offer was available for three months, after which the band released and commercialized the album, both digitally and in CD. In this paper, we use weekly music sales […]

Do consumers prefer round prices? Evidence from pay-what-you-want decisions and self-pumped gasoline purchases | Journal of Economic Psychology

Do consumers prefer round prices? Evidence from pay-what-you-want decisions and self-pumped gasoline purchases | Journal of Economic Psychology

June 2013 Authors: Michael Lynn, Sean Masaki Flynn, Chelsea Helion   Abstract Consumers selected round prices and/or sales-totals at greater than chance levels across two different pay-what-you-want situations and one self-pumped gasoline purchase. The differences among these situations suggest that the tendency to select round prices/sales-totals reflects a subjective preference (or liking) for round prices and not a […]