- Oct 11, 2019
Right—the high price is an intrinsic part of what the Veblen goods consumers are paying for; in other words, the high price isn’t just an indicator of quality, but rather, paying the high price is the very reason why the purchaser bought the goods. The high price not only affirms the purchaser’s desire for the highest quality but also communicates to others that the purchaser has obtained the highest quality and/or has the money to afford such a purchase.Not just goods but personal services too - attorneys, doctors, trainers, etc. serving the wealthy can never offer a price that's suspiciously "fair" as clients wanting the best use price as a heuristic for quality: twice the price for an attorney must mean twice as good right? Anything less is clearly an ambulance chaser
Anyway, an explanation of Veblen goods is off topic. But it does explain why the Trinnov-branded amp is twice the price of the ATI-branded amp.
And I still think the DB-25 connector is cool.