Yeah, I’ve seen the same pattern with knives. If you just want a decent kitchen knife, you’ll find tons of people who are absolutely certain, that it’s physically impossible to cut anything unless the blade has been sharpened by a Japanese virgin under moonlight.
I assume, the value for money curve is a sigmoidal, where at a certain, relatively low price you get almost all the value and afterwards it only gets more expensive, but not better. But you never know, when you’ve reached the plateau.
Yeah, I’ve seen the same pattern with knives. If you just want a decent kitchen knife, you’ll find tons of people who are absolutely certain, that it’s physically impossible to cut anything unless the blade has been sharpened by a Japanese virgin under moonlight.
I assume, the value for money curve is a sigmoidal, where at a certain, relatively low price you get almost all the value and afterwards it only gets more expensive, but not better. But you never know, when you’ve reached the plateau.