4 ms·
Interesting case study here of revealed preferences (vs. "stated preferences"). Forget what people say they want, consumers vote with their dollars and have tol
by eldavido 14y ago
Interesting case study here of revealed preferences (vs. "stated preferences"). Forget what people say they want, consumers vote with their dollars and have told OEMs that they prefer a "cheap" computer that has the crap on it vs. a more expensive one.
A lot of Americans -- myself included -- automatically buy things because they're "cheap". I wonder whether people in other places (countries? regions?) behave this way, or if some cultures emphasize "less but better" over "more but crappy"?
- qu4z-2 14y agoMaybe it wasn't clear that the cheaper option had more crap on it. All that Free Market/vote with your dollars stuff only works in the case of well-informed consumers, and we all know that when it comes to computers, most consumers are not.