Demand for Rarity: Evidence from a Collectible Good

Markets for art, coins and other collectibles, culinary delicacies and eco‐tourism suggest that consumers value the rarity of many goods. While empirical evidence supports higher prices for rare goods, isolating the value of rarity has proven difficult. I analyze prices for a collectible card game a...

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Bibliographic Details
Published in:The Journal of industrial economics 2022-03, Vol.70 (1), p.147-167
Main Author: Hughes, Jonathan E.
Format: Article
Language:English
Subjects:
Consumers
Ecotourism
Endangered
Endangered species
Markets
Prices
Scarcity
Tourism
Value
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