Melvin's digital garden

Mathematics of luxury

Presented by Shawn Martin at Friday Hacks.

Exchange (traditional econs) vs Recrprocal Act (“You owe me one”, social)

Value = Means x Reciprocativeness (prob of reciprocating)

Strategic to increase percevied means and perceived reciprocativeness.

  • value of luxury goods

Need to also account for rho (visual recognizability)

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