Not carats, not clarity — but what it says about you. The unseen economics behind the sparkle.
Nicely summarised.
The same is true for other "Luxury" goods as well. The higher the perceived scarcity, higher is the valuation.
Completely agree. It’s a classic example of how scarcity and signaling go hand in hand, the rarer it feels, the more people want in.
Nicely summarised.
The same is true for other "Luxury" goods as well. The higher the perceived scarcity, higher is the valuation.
Completely agree. It’s a classic example of how scarcity and signaling go hand in hand, the rarer it feels, the more people want in.