EPISODE · Jul 19, 2025 · 12 MIN
Veblen Goods — When Higher Prices Increase Demand
from AI Advisory · host DMP Strategy Group
Today, we are dealing with a concept that flips conventional wisdom upside down. In most cases, higher prices reduce demand — that’s Econ 101. But what if, in some markets, raising the price actually increases desire? That’s the paradox of the Veblen Good — a product that becomes more appealing the more expensive it gets. Let’s get smarter.
Embed this episode
Ready to play
Veblen Goods — When Higher Prices Increase Demand
0:00
12:31
1×
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.
Frequently Asked Questions
How long is this episode of AI Advisory?
This episode is 12 minutes long.
When was this AI Advisory episode published?
This episode was published on July 19, 2025.
Can I download this AI Advisory episode?
Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!