Question
Wikipedia is not actually produced in a competitive market, but instead is largely funded by voluntary individual donations from its users. Those users usually
Wikipedia is not actually produced in a competitive market, but instead is largely funded by voluntary individual donations from its users. Those users usually get a lot of value out of the existence of Wikipedia. For a given user who gets X value out of the existence of Wikipedia, would you expect that user to donate more than X to Wikipedia, exactly X to Wikipedia, or less than X to Wikipedia? Explain your answer.
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Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
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