Re:Estimating Value of Facebook by Paying Users to Stop Usin...
by jakob223 on Wednesday December 19, 2018 @06:35PM
(#18721046)
Consider 2 scenarios:
A) I pay you $x per year not to listen to music on youtube.
B) I give you $x per year. Simoultaneously, Youtube starts charging $x per year to listen to music.
Is there much of a difference between them?
Re:Estimating Value of Facebook by Paying Users to Stop Usin...
by kolbe on Wednesday December 19, 2018 @06:57PM
(#18721210)
Logically, no. But most of humanity would not treat them equivalently. I'm sure Tversky or Kahneman have done something on this topic.
Re:Estimating Value of Facebook by Paying Users to Stop Usin...
by equeny77 on Wednesday December 19, 2018 @07:13PM
(#18721311)
Yes, lots of differences:
- you can invest $10 for a month, get small profit and than start listening music
- you can sign-up for Spotify for $7 a month and get $3 back.
Re:Estimating Value of Facebook by Paying Users to Stop Usin...
by scarejunba on Thursday December 20, 2018 @12:44AM
(#18722762)
How are these differences? You can do this in either case.
Re:Estimating Value of Facebook by Paying Users to Stop Usin...
by amgutier on Wednesday December 19, 2018 @06:38PM
(#18721064)
Presumably, though, once someone offered you more than $10 a month, you could just pay for another streaming music service. I think the whole idea here is that paying someone to not use a service means they then use that money on some alternative - whether it is a social network, music streaming app, or anything else you can spend money on to pass the time.
I wouldn't spend money on a replacement social network if you paid me not to use facebook, but I certainly would put that money towards something else I found fun and entertaining.
If you would pay me each month to not listen to music on youtube, while being at work, it would be far more than I would pay to keep using it. It would be a damn shame if I couldn't do that anymore, but I would never pay the same amount to keep using it.
Edit: structure