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SiempreViernestoday at 9:38 AM2 repliesview on HN

Ok mr sceptic, where are your numbers showing consumers buy more of a thing after it becomes more expensive?


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skeeter2020today at 2:08 PM

Apple has done pretty well historically walking the line between mass consumer and Veblen good. Without them I don't believe we'd see the same variety of high-end devices, they somehow convinced a lot of people that the price of a phone is a signal of it's value.

logifailtoday at 10:06 AM

Was merely commenting on the observed preference vs stated preference issue (aka "the Say/Do Gap"), not the underlying point about raising prices.

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