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The consumer surplus from Google's Gmail
Google will be offering its Gmail service for free, but right now supply is limited. Not surprisingly, a market in the accounts has arisen, check out this ebay listing. I have heard that some accounts have gone for as much as $150.
If any of you know of good estimates of the consumer surplus from Google (and related search engines) more generally, please let me know. Here are some interesting magnitudes, comparing Google's possible market value to various countries.
Thanks to Nicholas Kreisle for the pointer.
Addendum: Here is some speculation on where Google is heading in the longer run.
Posted by Tyler Cowen on May 2, 2004 at 09:12 PM in Web/Tech | Permalink
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» When Free is not Free from Modulator
Over at Ebay you can pay good money for one of those free Google Gmail accounts. As Tyler Cowan notes "..right now supply is limited. Not surprisingly, a market in the accounts has arisen." Maybe the buyers think getting one will give them an inside tr... [Read More]
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From: Marginal Revolution
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» Love, Money and 1 gigabyte of free email space from AnarCapLib
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A good friend of mine has a favourite saying: "There are three ways of getting anything you want. Love, money or force. Libertarians don't believe in force. So you've got to be content with either love or money" Want Gmail?... [Read More]
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