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Why do some individuals pay for digital music while others pirate it? Using data on a sample of undergraduate students, we study the determinants of music piracy by looking at whether a respondent’s last song was obtained illegally. We first elicit our respondents’ willingness to pay (WTP)...
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Why do some individuals pirate digital music while others pay for it? Using data on a sample of undergraduate students, we study the determinants of music piracy by looking at whether a respondent’s last song was obtained illegally or not. In doing so, we incorporate (i) the...
Persistent link: https://www.econbiz.de/10014203504
This paper tests whether agricultural extension and imperfect supervision - conflated here into the number of visits by a technical assistant - increase productivity at the margin in a sample of contract farming arrangements between a processing firm and small agricultural producers in...
Persistent link: https://www.econbiz.de/10014211669
Estimating risk preferences is tricky because controlling for confounding factors is difficult. Omitting or imperfectly controlling for these factors can attribute too much observable behavior to risk aversion and bias estimated preferences. Agents often modify risky decisions in response to...
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