undefined | Better HN

Skip to content

Top Best Ask Show New Jobs

0 pointsvasilipupkin8y ago0 comments

eehhhh. No. People prefer faster cars on average over slower cars. that's an objective metric - one car is slower than the other. They don't just perceive it. If they simply perceived it, you could launch an advertising campaign and convince them that they should pay more for the Honda. But they won't.

0 comments

4 comments · 1 top-level

sbenitoj8y ago· 3 in thread

The maximum speed or acceleration abilities of a car are objective metrics, but how much people actually value those things is subjective.

Value is subjective, each person values the same objective metrics differently (e.g. soccer moms generally don't value sports cars as much as single guys, if they did then we'd see a bunch of soccer moms driving their kids around in sports).

vasilipupkinOP8y ago

yes, but a faster car with all other features being equal gives you objectively more features. There is a reason BMW costs more than a Honda civic. Right? Or else, if there is no reason whatsoever, Honda should be able to advertise in a clever manner and sell that Honda civic for the same price as a BMW 7 series or a Tesla. I mean if it's all subjective, right? But we can all agree that no matter what a Honda civic will cost less than a tesla. Yes?

I'll give you the benefit of the doubt that you're not just trolling and you're actually trying to understand whether value is objective or subjective. Assuming you are, read the following link and let me know if you still think value is objective, and if so what parts specifically do you disagree with:

https://wiki.mises.org/wiki/Subjective_theory_of_value

hossbeast8y ago

Even your example of faster speed is subjective. Some people may prefer the limitation of less speed. It's subjective.

j / k navigate · click thread line to collapse