Willingness to Pay for Hair Restoration Among Balding Men

    March 2019 in “ Economic Inquiry
    David M. McEvoy, O. Ashton Morgan, John C. Whitehead
    Image of study
    TLDR Balding men value hair restoration highly, willing to pay over $5,000 for a slight improvement.
    In the 2019 study, researchers surveyed 151 balding men from Amazon's Mechanical Turk to assess their willingness to pay for hair restoration. Participants rated their baldness using the Norwood Baldness Scale and indicated their willingness to pay for improvements in hair coverage. The findings revealed that the average willingness to pay for a one-unit improvement on the Norwood scale ranged from $5,324 to $5,812, highlighting a high valuation of hair restoration among balding men and suggesting a significant market for hair care products and potential benefits from government subsidies for hair growth technology.
    Discuss this study in the Community →

    Related Community Posts Join

    6 / 1000+ results

      community Comprehensive Microneedling Guide

      in Microneedling  291 upvotes 2 years ago
      Microneedling for hair restoration involves daily use of a 0.3 mm device and weekly use of a 0.5 mm device. Combining microneedling with Minoxidil can enhance hair growth.

      community Planning to for Hair transplant

      in Transplants  104 upvotes 1 year ago
      The conversation is about someone considering a hair transplant due to ineffective hair loss treatments, with suggestions ranging from trying a hairpiece to continuing with medications like finasteride and minoxidil, and waiting for new treatments. Some advise against a transplant due to the extent of hair loss and the cost, while others share different views on the effectiveness of transplants and non-surgical options.

      community Failed HT or expected result? 4505 grafts, Eugenix, New Delhi.

      in Transplants  36 upvotes 2 weeks ago
      The hair transplant at Eugenix in New Delhi resulted in poor density and texture, with only about 2,500 grafts surviving out of 4,500. The user is considering holding the clinic accountable and exploring options like shaving, using hair fibers, or seeking another transplant.

      community Nothing's working, I feel depressed, also hopeless for the first time

      in Update  98 upvotes 2 years ago
      A user's experience with hair loss treatments, including Finasteride, Minoxidil, Nizoral Shampoo, Rosemary Oil, Vitamin D, Biotin, Vitamin C, Zinc and Dermarolling, that have not been successful over the past 14 months. Other users gave advice on how to cope with the issue, such as exercising, changing mindset, and shaving their head.

    Similar Research

    5 / 1000+ results