A group of commodities that have an increased demand as their price increases.
Related information about veblen good:
- Veblen good - Wikipedia, the free encyclopedia
In economics, a Veblen good is a member of a group of commodities for which people's preference for buying them increases as their price increases (as greater ...
- Veblen Good Definition | Investopedia
Goods that are perceived to be exclusive as long as prices remain high or increase. Veblen goods get their name from economist Thorstein Veblen, who was ...
- Veblen good
Veblen good. A Veblen good is a good for which consumers' preference for the good increases as the price increases, and decreases as the price decreases.
- The Limit To Apple's Value: Are They A Veblen Good? - Forbes
Aug 21, 2012 ... As we all know Apple's now the most valuable stock market company based ever. As long as we ignore inflation, don't count the size of the ...
- Veblen Goods | Economics Blog
Jan 21, 2009 ... A veblen good is a good where demand rises as price rises. ... In the case of a Veblen good it is because people think more expensive goods ...
- Well&Being and Affl uence in the Presence of a Veblen Good
Veblen good, a standard consumption good, a standard public good, and a good ... productivity increases, the Veblen good eventually comes to dominate the ...
- Veblen good: Definition from Answers.com
Veblen Good Goods that are perceived to be exclusive as long as prices remain high or increase. Veblen goods get their name from economist Thorstein Veblen ...
- What is veblen good? definition and meaning
Definition of veblen good: A group of commodities that have an increased demand as their price increases.