Which factors influence the willingness to pay for electronic library services? A study of the Portuguese electronic scientific information consortium b-on
This paper investigates the factors that influence the value for the users of the Portuguese electronic scientific information consortium b-on (Biblioteca do Conhecimento Online). We used the contingent valuation method based on a willingness to pay scenario to estimate the value that each user is willing to pay. Data were collected through an e-survey sent to all Portuguese academic users. The main aims of this study are: (1) to investigate whether the willingness to pay is influenced by a set of factors (the frequency of use, whether the user previously knew b-on or not, the type of the user, the scientific area of the user, and the institution of the user); and (2) to estimate the demand function of b-on services as function of the price and the previously mentioned factors. In order to achieve these objectives we use several regression analysis techniques OLS, Tobit model, linear probability model (LPM), Logit and Probit models. The results show that the factors studied are all important explanatory variables of the willingness to pay for b-on and important determinants of demand for b-on services. Moreover, the demand for b-on services is quite sensitive to the price.