The Gift and Pay-What-You-Want Pricing
MPRA Paper from University Library of Munich, Germany
This paper addresses the participative pricing mechanism of Pay-What-You-Want pricing as related to Marcel Mauss’s concept of the Gift. Reciprocity is a behavioural pattern imminent to the Gift as well as to Pay-What-You-Want pricing. The paper refers to results from behavioural economics in order to identify factors that positively influence reciprocity. It is argued that the aspects elaborated on in the Gift are also relevant to the PWYW pricing mechanism when it comes to implementations of the latter as one of the corporate pricing strategies.
Keywords: Gift; Marcel Mauss; Pay-What-You-Want; PWYW; Pricing; Reciprocity (search for similar items in EconPapers)
JEL-codes: M21 Z13 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-hme, nep-mkt and nep-pay
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Published in Journal of Business Anthropology 2.6(2017): pp. 218-230
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:82066
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