title:Economic aspects
Willingness to pay
The project is designed to navigate the essentially uncharted transition between conventional information products, desired by known markets, to unconventional information services responding to the changing needs of emerging markets. In this context the "willingness-to-pay" of any particular, possibly as yet undefined, niche cannot be effectively determined in an economically uncertain environment. What degree of confidence it is possible to place in estimates of usage and payment five years hence for a service defined today?