Veblen good

名词 n.

英文释义

名词 n.
  1. A luxury item for which demand increases as its price rises, defying the standard law of demand due to its role as a status symbol.

词形变化

Veblen goods plural

词源

Named after economist Thorstein Veblen, who first pointed out the concepts of conspicuous consumption and status-seeking.
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