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>Some glasses are expensive because it's what people are willing to pay. That's a truism. The question is why are people willing to pay that much? Why hasn't c
by josu 12y ago
>Some glasses are expensive because it's what people are willing to pay.
That's a truism. The question is why are people willing to pay that much? Why hasn't cheaper competition gained a bigger market share?
- Raphmedia 12y agoIt's health. People are willing to pay half a million for tiger bones in order to cure "diseases". You can't go around selling tiger bones for $2, they would obliviously not work. Same thing for glasses. Same thing for walking canes.
- blacksmith_tb 12y agoPoint taken, though the effectiveness of glasses is (I would hope) a little less likely to be the product of placebo effect. The high prices of glasses feels more like a matter of branding and style, in the same way a t-shirt with a swoosh on it costs $30, and one without costs $10 (USD).
- Raphmedia 12y agoYes, but the effectiveness of expensive glasses is little more than placebo effect. Look at Gunnar Glasses selling for very a expensive price while the tech is something you could buy relatively inexpensively for ages.
- mindcrime 12y agoNot all decisions (yes, including "rational" economic decisions) are solely about price. A rational consumer (and much more so a not-quite-totally-rational everyday person) frequently makes choices that don't optimize for price at the expense of all other considerations.