[maest]

The other way I think about Veblen goods is that when you're purchasing an e.g. Balenciaga shirt, you're paying for 2 things:

1. the shirt

2. you're giving money to Balenciaga to go out there and tell people how great owners of Balenciaga shirts are. You're paying them to do some marketing on your behalf, in a way.

[lotsofpulp]

A logo’d shirt is a poor example of a Veblen good.

Per wiki

>A Veblen good would be something where the demand increases as the price increases.

Shirts with logos are actually priced lower than shirts with logos. They might signal that someone can ship at an outlet mall rather than Walmart, but not much more. All the high end clothing will not have conspicuous logos.

[mikkergp]

I think it heavily depends on the logo. Lots of luxury brands are very conspicuous with their logos. Louis Vuitton comes to mind but specifically with shirts:

https://www.saksfifthavenue.com/product/balenciaga-large-fit...

I wonder if there’s a dip with mid/high end products, but the “very high end” “designer” brands are very logo centric.