The Gift and Pay-What-You-Want Pricing

Egbert, Henrik (2017): The Gift and Pay-What-You-Want Pricing. Published in: Journal of Business Anthropology , Vol. 6, No. 2 (1 October 2017): pp. 218-230.

Abstract

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.

• Item Type: MPRA Paper
• Language: English
• Keywords: Gift, Marcel Mauss, Pay-What-You-Want, PWYW, Pricing, Reciprocity
• Subjects: M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M2 - Business Economics > M21 - Business Economics; Z - Other Special Topics > Z1 - Cultural Economics ; Economic Sociology ; Economic Anthropology > Z13 - Economic Sociology ; Economic Anthropology ; Social and Economic Stratification

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