Vocabulary time

[eain]

The frontrunner and winner for a word to define "the phenomenon of enjoying something because it cost a lot" is:

Schtuppengeld, as suggested by Kevin.

This has now been incorporated into my vocabulary, and has been listed on Urban Dictionary.

Comments

[angel_one]

I hate to confess that I am probably guilty of that. Its very "Emperors New Clothes". We think something is better because it's more expensive, and we just don't see the value ourselves so we take someone else's opinion for our own.