Being paid to quit Facebook: Felix Eggers on the value of digital services

YouTube, Netflix, Google, Facebook: these digital platforms and services have all become seemingly indispensable and inescapable parts of modern life. But how much do users truly value ostensibly free online services? How much would it be worth to you to walk away from them? That often depends strongly on how you use it. Associate professor Felix Eggers found out that for the average person, 50 dollars a month was enough to convince them to unfriend Facebook for a month. Eggers contributed to research looking into the value of not using digital platforms, which is something quite different from the value of using them, and came up with a new way to measure the economic impact of platforms where the users themselves may be the most valuable product of all.

You can listen to Being paid to quit Facebook: Felix Eggers on the value of digital services online on Radio and Podcast. Open the player on this page to stream the available audio.

Being paid to quit Facebook: Felix Eggers on the value of digital services is an episode from Econ 050 by Naomi O'Leary.

This episode is 29:46 long.

This episode was published on Nov 8, 2019.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from Econ 050 when more episodes are available from the podcast feed.