Name the fallacy: If it’s more expensive it must be better.
Why do people complain that cheaper than more expensive goods are too expensive? People often make this assumption without looking at the actual design.
He has never found a great high octane gas. First example. Why are better gas wells more expensive? Why would a better quality gas be better? But while higher octane’s primary purpose is to allow the gas to compress more without exploding, as in in certain high-compression engines, it’s not necessary to gas exploded.
Second: Audio/video cables. People (audiophiles) spend a ton of money on Monster cables and other “premium” A/V products. Often there is a notable difference but so often their money is wasted on extra copper or shielding that really has no effect on signal quality.
I’m sure I can categorize it as an example of the Hasty Generalization fallacy. https://en.wikipedia.org/wiki/Science/Geology. org/wiki/Hasty_Generalization
page ;:. org/wiki/Hasty Generalization.html.tm.
The erroneous argument that the thinking, art, or science
of an earlier time is inherently inferior to that of the present, simply by virtue of its temporal priority..
Why would you call a price snobbery?
Is it true with object value that price prevents wealthier people from owning it?
Is it true with object value that price prevents wealthier people from owning it?
The name of the fallacy is appeal to wealth or argumentum ad crumenam. the use of Aristotle.
An appeal to wealth occurs when more money involved means something is truer or better, exploiting the impression that money flows from intelligence or work.
How can you find a rational dictionary, so that it can be easily searched? org/wiki/Appeal_to_money.org
for an article in an influential online startup.
If the argument for the expensive good is made in the company after purchase, Post Purchase Rationalization is an
appropriate name.
The Giffen effect on economic theory could be termed as “Giffen Good” for its reputation.
What is the law of demand? Or
a “Veblen good” named after economics Thorstein Veblen.
“Veblen goods are types of luxury goods, such as costly wines, jewelry, fashion-designer handbags, and luxury cars, which are in demand because of the high prices asked for them. How
do we know what’s going on in the world?
The Giffen effect on economic theory could be termed as “Giffen Good” for its reputation.
What is the law of demand? Or
a “Veblen good” named after economics Thorstein Veblen.
“Veblen goods are types of luxury goods, such as costly wines, jewelry, fashion-designer handbags, and luxury cars, which are in demand because of the high prices asked for them. How
do we know what’s going on in the world?
The Giffen effect on economic theory could be termed as “Giffen Good” for its reputation.
What is the law of demand? Or
a “Veblen good” named after economics Thorstein Veblen.
“Veblen goods are types of luxury goods, such as costly wines, jewelry, fashion-designer handbags, and luxury cars, which are in demand because of the high prices asked for them. How
do we know what’s going on in the world?
The name of the fallacy is appeal to wealth or argumentum ad crumenam. the use of Aristotle.
An appeal to wealth occurs when more money involved means something is truer or better, exploiting the impression that money flows from intelligence or work.
How can you find a rational dictionary, so that it can be easily searched? org/wiki/Appeal_to_money.org
for an article in an influential online startup.
