The Market for Essays

Michael Burton and Dan Rigby

No 152195, 2013 Conference (57th), February 5-8, 2013, Sydney, Australia from Australian Agricultural and Resource Economics Society

Abstract: We investigate the market in bespoke essays from commercial providers which students buy to submit at their University. We conduct choice experiments at 3 universities to investigate students’willingness to enter the market. Half of the sample reveal a willingness to buy. We identify valuations of essays of varying grade and how these values decay as students’ assessments of their own abilities, and the penalty if caught, increase. A choice experiment over monetary gambles yields individual-speci…c risk aversion estimates which signi…cantly a¤ect the probability that a student will buy, as does having English as their …rst language.

Keywords: Marketing; Research and Development/Tech Change/Emerging Technologies; Teaching/Communication/Extension/Profession (search for similar items in EconPapers)
Pages: 39
Date: 2012-09
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aare13:152195

DOI: 10.22004/ag.econ.152195

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