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bn:03873720n
Noun Concept
Categories: Economic theories stubs, Consumer theory
EN
snob effect
EN
The snob effect is a phenomenon described in microeconomics as a situation where the demand for a certain good by individuals of a higher income level is inversely related to its demand by those of a lower income level. Wikipedia
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Sources
EN
The snob effect is a phenomenon described in microeconomics as a situation where the demand for a certain good by individuals of a higher income level is inversely related to its demand by those of a lower income level. Wikipedia
social phenomena Wikidata
IS A
social phenomenon
OPPOSITE OF
bandwagon effect
Wikipedia
EN
snob effect
Wikidata
EN
snob effect

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