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Willingness to pay for online content in the Czech Republic
Vala, Michal ; Polák, Petr (advisor) ; Kvaček, Jan (referee)
This thesis studies consumers' willingness to pay for online content in the Czech Republic. The study focuses on the newspaper industry in the online environ- ment. Data analysed in the study come from a self-conducted online survey. Using the logit estimation method, following variables were identified to signifi- cantly affect the probability of having paying intentions-Gender, Occupation, Internet usage, News usage, Past online payment, and Past newspaper pay- ment. Moreover, under no free newspapers scenario, a monthly subscription of printed newspapers was assigned with an average value of CZK 96.7, which is almost double when compared to the average of CZK 50.7 that would con- sumers pay for a monthly access to the digital edition of newspapers. JEL Classification D10, D12, L86 Keywords WTP, online content, newspapers, Czech Re- public Author's e-mail mic.vala@gmail.com Supervisor's e-mail polakpet@gmail.com
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