Valuation of digital goods during the coronavirus outbreak in the United States
Mark A. Jamison and
Peter Wang
Telecommunications Policy, 2021, vol. 45, issue 5
Abstract:
We examine how the Coronavirus pandemic affected consumer valuation of digital services. Governments responded to the pandemic with various forms of lockdowns and social distancing, leading to increased dependence on digital services for work, social engagement, and leisure activities. We identify consumer valuations through surveys where respondents express their reservation prices for digital services such as email, search, and social media. We compare our results to surveys done in 2016 and 2017 and find an about five-fold increase in valuations.
Keywords: COVID-19; Consumer surplus; Digital goods; GDP; Coronavirus (search for similar items in EconPapers)
JEL-codes: D12 E01 L86 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (3)
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DOI: 10.1016/j.telpol.2021.102126
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