Pay-what-you-want pricing: An integrative review of the empirical research literature

T Gerpott - Management Science Letters, 2017 - growingscience.com
In a Pay What You Want (PWYW) setting companies empower their customers to fix the
prices buyers voluntarily pay for a delivered product or service. The seller agrees to any …

Before or after? The effects of payment decision timing in pay-what-you-want contexts

RP Kc, V Mak, E Ofek - Journal of Marketing, 2023 - journals.sagepub.com
This research studies how payment decision timing—before versus after product delivery—
influences consumer payment under pay-what-you-want (PWYW) pricing. The authors focus …

Optimal pricing strategy for content products under competition: Pay-as-you-want or fixed-price?

H Hou, F Wu, X Kong - Computers & Industrial Engineering, 2023 - Elsevier
PAYW (pay as you want) has become a popular pricing strategy for content products in
practice and has received considerable attention in the literature. However, the previous …

Pricing in consumer digital markets: A dynamic framework

R Reisman, A Payne, P Frow - Australasian marketing …, 2019 - journals.sagepub.com
Supplier firms are increasingly seeking new ways to personalize their offers and differentiate
their products, especially in contested digital markets. One approach that shows promise …

A game-theoretic model of the consumer behavior under pay-what-you-want pricing strategy

V Ashrafimoghari, JW Suchow - arXiv preprint arXiv:2207.08923, 2022 - arxiv.org
In a digital age where companies face rapid changes in technology, consumer trends, and
business environments, there is a critical need for continual revision of the business model …

Pay what you want pricing: should marketers use it to introduce innovative products?

AK Gupta, SK Pandey, DP Sharma - Journal of Marketing Theory …, 2024 - Taylor & Francis
The paper examines the suitability of pay-what-you-want (PWYW) pricing in introducing
incremental or radical innovative products. Four experimental studies were conducted: three …

An innovative price-setting approach: a pay-what-you-want experiment

L Bitsch, JH Hanf, J Rüdiger - British Food Journal, 2020 - emerald.com
Purpose Due to high competition in the agricultural industries and heterogeneous products,
the setting of prices for direct sales to consumers is difficult. In recent years, pay-what-you …

Who is watching me? Disentangling audience and interpersonal closeness effects in a Pay-What-You-Want context

E Hofmann, ME Fiagbenu, A Özgümüs… - Journal of Behavioral …, 2021 - Elsevier
We disentangle by means of a laboratory experiment two relevant drivers of voluntary
payments in Pay-What-You-Want settings: the effects of interpersonal closeness and an …

Buying behaviors when similar products are available under pay-what-you-want and posted price conditions: Field-experimental evidence

TJ Gerpott, C Schneider - Journal of Behavioral and Experimental …, 2016 - Elsevier
This work analyzes relationships between product-and pricing-related attitudes of customers
and their choice or rejection of a product offered under the Pay-What-You-Want-(PWYW) …

“Pay-What-You-Want” Pricing: Creating and Capturing Value Through Social Exchange

DG Ross, M Shin - Academy of Management Review, 2023 - journals.aom.org
In leading strategy theories, such as industry analysis and value capture theory, maximizing
bargaining power with transaction partners is a critical driver of profitability. However, in …