5 ms·

> at a fraction of the cost That might also be the reason. If something is cheaper, it feels inferior. Also with diamonds it's probably a factor that the fian

> at a fraction of the cost That might also be the reason. If something is cheaper, it feels inferior. Also with diamonds it's probably a factor that the fiancé is expected to present serious intents with a deeper monetary investment. "Look honey, it's an ethical, clean diamond and only cost 1/20th of a dirty one" sad, but feels wrong. Edit: I also remember a guy at dinner party bragging about buying a 5000EUR ring, it goes both ways.

mrighele 6y ago
> Also with diamonds it's probably a factor that the fiancé is expected to present serious intents with a deeper monetary investment. "Look honey, it's an ethical, clean diamond and only cost 1/20th of a dirty one" sad, but feels wrong. Then he can spend the same money for a bigger diamond ? That would give also more bragging rights to the future wife (nobody will come and ask if it is a natural or artificial one).
jankassens 6y ago
Maybe the key would be to keep the artificial diamond ring at a similar price point. Larger, designer brand, more manual labor details, I don’t know. Not saving money, but get a superior product.
throw0101a 6y ago
> A Veblen good is a type of luxury good for which the demand for a good increases as the price increases, in apparent contradiction of the law of demand, resulting in an upward-sloping demand curve. The higher prices of Veblen goods may make them desirable as a status symbol in the practices of conspicuous consumption and conspicuous leisure. A product may be a Veblen good because it is a positional good, something few others can own. * https://en.wikipedia.org/wiki/Veblen_good https://en.wikipedia.org/wiki/Veblen_good Also: * https://en.wikipedia.org/wiki/Giffen_good https://en.wikipedia.org/wiki/Giffen_good
anoncake 6y ago
Buy 20 then. I wonder if there's a way to tastefully put them all on a single ring.
- tiborsaas 6y ago
  A friend of mine lost the fist one so he had to go back the same day to the same shop :)

mrighele 6y ago

> Also with diamonds it's probably a factor that the fiancé is expected to present serious intents with a deeper monetary investment. "Look honey, it's an ethical, clean diamond and only cost 1/20th of a dirty one" sad, but feels wrong. Then he can spend the same money for a bigger diamond ? That would give also more bragging rights to the future wife (nobody will come and ask if it is a natural or artificial one).

jankassens 6y ago

Maybe the key would be to keep the artificial diamond ring at a similar price point. Larger, designer brand, more manual labor details, I don’t know. Not saving money, but get a superior product.

throw0101a 6y ago

> A Veblen good is a type of luxury good for which the demand for a good increases as the price increases, in apparent contradiction of the law of demand, resulting in an upward-sloping demand curve. The higher prices of Veblen goods may make them desirable as a status symbol in the practices of conspicuous consumption and conspicuous leisure. A product may be a Veblen good because it is a positional good, something few others can own. * https://en.wikipedia.org/wiki/Veblen_good https://en.wikipedia.org/wiki/Veblen_good Also: * https://en.wikipedia.org/wiki/Giffen_good https://en.wikipedia.org/wiki/Giffen_good

anoncake 6y ago

Buy 20 then. I wonder if there's a way to tastefully put them all on a single ring.

tiborsaas 6y ago
A friend of mine lost the fist one so he had to go back the same day to the same shop :)