Abstract
This study aims to measure the true consumer surplus of Douyin (Chinese version of TikTok) and to quantify the welfare loss induced by attention capture—a behavioral state in which users immersed in algorithmically curated feeds systematically undervalue the opportunity cost of their time. We design a randomized experiment with a fully crossed 4×2 factorial design over a two-week intervention period. Participants are randomly assigned to one of eight groups, crossing four price tiers for Douyin usage (¥0, ¥0.01, ¥0.02, and ¥0.03 per minute) with two reminder conditions (no reminder vs. daily reminders prompting users to recall unfinished tasks). We exploit the price variation to estimate Douyin’s demand curve and measure consumer surplus in both the local equilibrium (attention-captured state) and the global equilibrium (rational state). We also assess the treatment effects on Douyin usage duration, willingness to accept (WTA) and willingness to pay (WTP) for Douyin, time allocated to alternative activities, subjective well-being, addiction tendency, post-intervention persistence. Outcomes are measured through online surveys.