Veblen Effect
Oct
12
1 tweet
Abnormal market behavior where consumers purchase the higher-priced goods whereas similar low-priced (but not identical) substitutes are available. It is caused either by the belief that higher price means higher quality, or by the desire for conspicuous consumption (to be seen as buying an expensive, prestige item). Named after its discoverer, the US social-critic Thorstein Bunde Veblen (1857-1929).
Read more: http://www.businessdictionary.com/definition/Veblen-effect.html
Share
KUMA 
Tetsuro Watanabe 
橋本諭弥 
神戸のおいさん 
佐藤淳一（朝活習慣化キャリアコーチ） 
ウチクラ ケンイチ 
ロッキーおしょう 
落語好きプロコーチ 砂村よしお 
コーチ探せる 
freetinyimages 
Lupin