Semi-OT: A reality check on price vs. performance.

[johnnyrichards]

This is something worth considering. Cracks me up.

[tom_s]

Shhh....you gotta keep this stuff under your hat. If this gets out, all the great, value-priced drivers are gonna jump up in price!

[johnnyrichards]

Shhh....you gotta keep this stuff under your hat. If this gets out, all the great, value-priced drivers are gonna jump up in price!

Not without a blitzkrieg advertising campaign

[r-carpenter]

It all depends on how one looks at the driver purchase. Most people automatically assume that higher the price better the performance. The reality is that price is formed by many different factors and not necessarily directly related to the performance. The other thing is that driver may be designed with a specific purpose in mind and that increases the production cost and retail price. We started on wine, I'll bring an analogy to the coffee. Most expensive coffees IF delivered in timely fashion, roasted to open up their best qualities and brewed properly will give you exceptional complex taste but any mishap in the process and it's average.

[morris]

Most expensive coffee! I think I want to try it at least once eh?
http://en.wikipedia.org/wiki/Kopi_Luwak

I will say the word.

CAPACITORS!

wonder what will happen now....

[donprice]

Of course the $90 wine really tastes best when it is on sale for only $45. Better stock up now before it is gone!

Too bad that will never make it into a high school text book.

[jerryanderson]

A free dinner allways tastes better then the same dinner you paid for Same can be said for a properly chilled longneck......or two!!!!

[r-carpenter]

Most expensive coffee! I think I want to try it at least once eh?
http://en.wikipedia.org/wiki/Kopi_Luwak

I will say the word.

CAPACITORS!

wonder what will happen now....

see, this is a very good example of how people relate quality and price.
I've tried it and if what I am going to say next make sense, then spend your money and get a pound.
Luwak has a slightly more complex acidity then a good crop from Flores or Java. Very smooth chocolaty background with floral and woody notes. Somewhat reminded me of central Bolivian single origins coffees.
If you really must have it, http://www.catsasscoffee.com/ just google the roaster.

[OlderMongrel]

If I want to sell a pair of speakers because I want to move on to the next build, should I list them at an outrageous-but-then-somewhat-discounted price? Might actually fly if I put together a nice leather binder showing the test results.

John

[J_Shea]

This study is vague and sloppy, typical of what you would expect when a school of business conducts a behavioral study using advanced medical equipment.
If you tell somebody to taste two glasses of wine, one of which is cheap, and the other is costly, they will pay more attention to the costly wine, looking for the subtle differences. Why wouldn't that result in higher levels of oxygenation and bloodflow in the associated part of the brain? The study is meaningless and the results are likewise meaningless, particularly the graph with "Liking" on the y axis and price on the x axis.

[czag]

A free dinner always tastes better then the same dinner you paid for Same can be said for a properly chilled longneck......or two!!!!

My grandfather always told me that there were only 2 kinds of beer in the world worth drinking.

1. Free

2. Cold

And when they are one in the same beer, it just does not get any better.

Chris

[johnnyrichards]

This study is vague and sloppy, typical of what you would expect when a school of business conducts a behavioral study using advanced medical equipment.
If you tell somebody to taste two glasses of wine, one of which is cheap, and the other is costly, they will pay more attention to the costly wine, looking for the subtle differences. Why wouldn't that result in higher levels of oxygenation and bloodflow in the associated part of the brain? The study is meaningless and the results are likewise meaningless, particularly the graph with "Liking" on the y axis and price on the x axis.

Ah, but that is exactly why it isn't meaningless. The same thing is going to happen when listening to expensive drivers, or trying on expensive shoes, or driving expensive cars.

The point of the study wasn't to show that $10 wines are as good as $90 wines, it was to demonstrate that our expectations based on price have real, tangible effects on our experiences. It is one of the things that drives subjectivists up a wall about blind testing - they never get a chance to pre-form an opinion if they don't know what they are tasting, hearing, touching, smelling.

Embrace it, don't hate it. Knowing that the price tag has, in all likelihood, removed objective expectations can only help.

[critofur]

This is something "my side" has known all along about bias... Thanks for pointing out a good study - is it peer reviewed?

see, this is a very good example of how people relate quality and price.
I've tried it and if what I am going to say next make sense, then spend your money and get a pound.
Luwak has a slightly more complex acidity then a good crop from Flores or Java. Very smooth chocolaty background with floral and woody notes. Somewhat reminded me of central Bolivian single origins coffees.
If you really must have it, http://www.catsasscoffee.com/ just google the roaster.

Does it contain any actual catass, or is that just false advertising? Hmm, asscoffee - perhaps if the aromas stay "hidden", that would be best...

[johnnyrichards]

Does it contain any actual catass, or is that just false advertising?

It is quite literally coffee beans that animals eat, poop out, and someone picks them up, washes them, roasts them, grinds them, boils them and eats them. It is a process that is replicable in the laboratory at far less cost, of course then the cachet of drinking coffee that has been pooped out goes away.

[djg]

The point of DBT, Double Blind Testing. Neither the subject nor the test giver knows what is being tested. So the test giver cannot give any subtle clues as to the tested item.

[critofur]

There was specifically value to this test not being double blind - the value was showing the bias generated by the customer thinking one costs more than the other - that seemed to be the whole point of this test!

[djg]

Exactly.

[jclin4]

What was the $10 Cabernet they used in the study? I'm always on the look out for good value wines

[rone]

OF course, one can go too far with the price=quality marketing strategy.

http://www.worldsbestloudspeakers.co...t/product.html

[johnnyrichards]

OF course, one can go too far with the price=quality marketing strategy.

http://www.worldsbestloudspeakers.co...t/product.html

Anyone know what brand of 6"x9" they use? I would love to throw a set in my car