In October 2007 the British band Radiohead launched their latest album – In Rainbows - on the Internet. The band allowed fans to download the album freely and offer, in retribution, any amount of money they would like.
If consumers were purely self-interested agents seeking to maximize the value and minimize the costs of their transactions, such a pricing strategy should have proven disastrous for the band. Actually, if that would be the way consumers behave no one should have decided to pay anything for the album. Yet, in 2008 Thom Yorke, Radiohead’s lead singer, disclosed that the download of their new album generated more profit than the accumulated downloads from all previous albums.

Thom Yorke van Radiohead
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door Grace25
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