The Psychology of Free...(Or Why I Won't Pay for a Song)

If you want to get facts about psychology of free I suggest reading "predictably irrational" book, the author has actually conducted experiments to measure the psychological shifts around the price of zero to confirm his theories.

I put out a side project a week or two ago that makes it really easy for artists to release their stuff under the Radiohead 'pay what you want' model. I don't have enough data to provide any interesting statistics yet, though. I'm hoping to encourage the kind of thinking that sivers talked about a while ago.

> the ultimate measure of success should always be whether someone is willing to pay money for something; not because you want to get rich, but because a payment is one of the purest forms of endorsement.

This is a pretty interesting statement. I've never heard this put this way before, but it reminds me of things that I've been asked by angels and VCs: "Have any revenue yet?" Convincing somebody that you're worth paying money to is a pretty strong endorsement from that person.