A question that is mostly a thought experiment:

A Veblen good is a type of luxury good for which the demand for a good increases as the price increases, in apparent contradiction of the law of demand, resulting in an upward-sloping demand curve. The higher prices of Veblen goods may make them desirable as a status symbol in the practices of conspicuous consumption and conspicuous leisure. A product may be a Veblen good because it is a positional good, something few others can own.

If you want that good simply because it works in a specific way that no other good does and you spend month looking for the cheapest possible working copy of that good, is it still a Veblen good?

I am bidding on a Leica M (type 240) digital camera which in many ways is the definition these days of Veblen good. Yet if one wants a digital camera that is a rangefinder, well, that’s it. It’s the only one still on the market. Hence the question :)

And people think economics is boring…