+The **Snob Effect** is a market phenomenon where demand for a good decreases as its popularity rises, driven by a desire for exclusivity. Consumers seek to distinguish themselves, often preferring products that few others possess, unlike a typical [Veblen Good](/wiki/veblen_good). This quest for unique status often intertwines with [Conspicuous Consumption](/wiki/conspicuous_consumption), valuing rarity over utility.
+## See also
+- [Bandwagon Effect](/wiki/bandwagon_effect)
+- [Price Elasticity](/wiki/price_elasticity)
+- [Luxury Good](/wiki/luxury_good)
... 1 more lines