tag:blogger.com,1999:blog-35777384.post3199300364788849339..comments2024-03-26T13:58:01.822-07:00Comments on The Dangerous Economist: Sale Of The Nike All-Star Collection Sneakers Causes A RiotCyril Moronghttp://www.blogger.com/profile/07148864847009186694noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-35777384.post-76296427768818948362012-02-28T13:47:26.385-08:002012-02-28T13:47:26.385-08:00There is definitely a status with being the first ...There is definitely a status with being the first to get something, which increases the first buyer desirability. Just look at what happens whenever a new version of the iPhone comes out.farmland investinghttp://www.greenworldbvi.com/alternative-investments-options/agricultural-farmland/noreply@blogger.comtag:blogger.com,1999:blog-35777384.post-58108183909225112682012-02-27T12:19:13.428-08:002012-02-27T12:19:13.428-08:00It may be possible that if there is a buzz for a g...It may be possible that if there is a buzz for a good, it increases the demand, making it a "must have" item. Maybe there is some kind of status associated with being first to get it.Cyril Moronghttps://www.blogger.com/profile/07148864847009186694noreply@blogger.comtag:blogger.com,1999:blog-35777384.post-78440728419523102572012-02-27T12:10:20.733-08:002012-02-27T12:10:20.733-08:00The price is most definitely below equilibrium. I...The price is most definitely below equilibrium. It's like a Black Friday for one item, which also may increase demand due to a limited quantity of one good, much like a collector's item.Anonymousnoreply@blogger.com