TY - JOUR U1 - Zeitschriftenartikel, wissenschaftlich - begutachtet (reviewed) A1 - Herzog, Bodo T1 - Valuation of digital platforms: experimental evidence for Google and Facebook JF - International journal of financial studies N2 - This article investigates the fundamental value of digital platforms, such as Facebook and Google. Despite the transformative nature of digital technologies, it is challenging to value digital services, given that the usage is free of charge. Applying the methodology of discrete choice experiments, we estimated the value of digital free goods. For the first time in the literature, we obtained data for the willingness-to-pay and willingness-to-accept, together with socio-economic variables. The customer´s valuation of free digital services is on average, for Google, 121 € per week and Facebook, 28 €. KW - digital platform KW - free goods KW - choice experiment KW - two-sided markets Y1 - 2018 UN - https://nbn-resolving.org/urn:nbn:de:bsz:rt2-opus4-19340 SN - 2227-7072 SS - 2227-7072 U6 - https://doi.org/10.3390/ijfs6040087 DO - https://doi.org/10.3390/ijfs6040087 VL - 6 IS - 4 SP - 1 EP - 13 S1 - 13 PB - MDPI CY - Basel ER -