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The Market for Essays

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  • Burton, Michael P.
  • Rigby, Dan

Abstract

We investigate the market in bespoke essays from commercial providers which students buy to submit at their University. We conduct choice experiments at 3 universities to investigate students’willingness to enter the market. Half of the sample reveal a willingness to buy. We identify valuations of essays of varying grade and how these values decay as students’ assessments of their own abilities, and the penalty if caught, increase. A choice experiment over monetary gambles yields individual-speci…c risk aversion estimates which signi…cantly a¤ect the probability that a student will buy, as does having English as their …rst language.

Suggested Citation

  • Burton, Michael P. & Rigby, Dan, 2012. "The Market for Essays," 2013 Conference (57th), February 5-8, 2013, Sydney, Australia 152195, Australian Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:aare13:152195
    DOI: 10.22004/ag.econ.152195
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