A person may buy sneakers to run, or a person may buy sneakers to cause other people to think that he runs. Regardless, the person bought the sneakers and why h

A person may buy sneakers to run, or a person may buy sneakers to cause other people to think that he runs. Regardless, the person bought the sneakers and why he bought it was baked into the price. This is why popular things cost more money. It's almost like the mere fact that an active market exists increases my probability of participating in it.