Leung, Tin Cheuk; Ng, Travis; Ho, Chun-Yu; Chao, Hong - Volkswirtschaftliche Fakultät, … - 2013
We construct a structural model that allows us to jointly estimate the demand for smartphones and paid apps using a Bayesian approach. Our data comes from more than 500 college students in Hong Kong and Shanghai. We find that the moral cost rather than the monetary cost of jailbreaking...