LESSWRONG
LW

nick4
0010
Message
Dialogue
Subscribe

Posts

Sorted by New

Wikitag Contributions

Comments

Sorted by
Newest
No wikitag contributions to display.
Scarcity
nick417y00

Scarce things become objects of envy, increasing social value to ourselves, and they also increases the probable resale value, even in the absence of other information. The scarcity often signals high demand from others, as in the out-of-stock example.

Reply
No posts to display.