In Reply to: RE: Why are Siltech cables sooooo expensive? posted by Dr.Phil on June 26, 2010 at 10:39:29:
If you have access to a the peer review journal "Nature" you'll find a decades old article "Prospect Theory" by Kanahaman and Traversky showing a Sigmoid curve response to risk.
Plus it seems as if consumers sometimes use price as an indicator of quality, especially when the outcome of a purchase cannot be ascertained a head of time.
Best from Tucson
Bob
"He (R.M. Nixon) was a foul caricature of himself, a man with no soul, no inner convictions, with the integrity of a hyena, and the style of a poison toad." H. S. Thompson
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Follow Ups
- RE: Why are Siltech cables sooooo expensive? - becketma@yahoo.com 22:17:32 06/27/10 (1)
- RE: Why are Siltech cables sooooo expensive? - Dr.Phil 09:46:08 06/28/10 (0)