Why are Modern Bikes So Expensive?
#251
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IMO, the "invisible hand" shows up in sales. While the top-end bikes sell, they aren't the majority of units, gross sales, or profit (based on my mediocre knowledge of the bike biz).
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#257
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Well, of course. Additionally, the superior vibration damping of a high-quality CF rod provides a smoother presentation of the lure, which is more attractive to fish, increasing the bite rate.
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....it figures that I've been doing this wrong, too.
....it figures that I've been doing this wrong, too.
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#261
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#262
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As I understand it, it's all about preying on the gullibility of less intelligent species. This require spending thousands of dollars for a chance to obtain what can be bought at the store for $5 or 6/pound.
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As someone who has actually read The Wealth of Nations, I'm not sure what you guys are talking about with regard to the 'invisible hand.' If high-end bikes (or any other tier of bikes) are bringing extraordinary profits, then barring any artificial barriers to entry, new firms will enter the market and compete away those abnormally large profits. In other words, we would not expect to see huge profits for high-end bikes -- nor for other categories of bikes. Considering how the internet (and direct-to-consumer firms like Canyon) has intensified competition in the market, it wouldn't be surprising for profit rates to be comparable to those of other manufacturing companies.
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If you understood it (and the rest of mainstream economic theory), then you will understand that - contrary to your assertion (which I already quoted), a lack of "substantial profit" actually indicates that the invisible hand is working and that a competitive market is at or near equilibrium. If, as you say, bike industry profits are actually lower than those in other comparable industries (comparable in terms of, say, risk, capitalization requirements, etc), then the market may not be at equilibrium -- or (as you again suggested), other things may be going on.
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Sounds like an interesting discussion.
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What about contemporary bicycles? Are those now just a legacy?
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Economic theory is so refined that the economy cyclically crashes ..... often to the surprise of economic theorists.
Bike profits are what they are because ... there is no "invisible hand." it is a metaphor derived after the fact to describe human behavior, but it is a generalization and it is based on random action .... or rather, incredibly complex motivation.
Like many observation-based generalizations, the "invisible hand" is generally close to applicable ... and sometimes not. Just as actuarial tables don't determine actions or outcomes but sometimes accurately predict them .....
Based on my limited understanding of economic fantas ... er, theory ... bikes cost as much as they do because people buy them.
All the people who won't accept that ..... cool with me.
Bike profits are what they are because ... there is no "invisible hand." it is a metaphor derived after the fact to describe human behavior, but it is a generalization and it is based on random action .... or rather, incredibly complex motivation.
Like many observation-based generalizations, the "invisible hand" is generally close to applicable ... and sometimes not. Just as actuarial tables don't determine actions or outcomes but sometimes accurately predict them .....
Based on my limited understanding of economic fantas ... er, theory ... bikes cost as much as they do because people buy them.
All the people who won't accept that ..... cool with me.
#271
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Porky disc brake bikes
The stock 2014 Trek Émonda SLR 10 weighed 4.65kg in a 56cm. How much does the current (disc) Emonda SLR weigh?
Pretty hard to compare bike weights anymore, since manufacturers don't want to post them. Pre-disc, low weight was a major selling point, as it should be in a performance road bike. Truth: nothing else matters more.
BTW: the arbitrary UCI 'weight limits' do not apply to me, or probably anyone else posting in this forum. So they are meaningless.
Pretty hard to compare bike weights anymore, since manufacturers don't want to post them. Pre-disc, low weight was a major selling point, as it should be in a performance road bike. Truth: nothing else matters more.
BTW: the arbitrary UCI 'weight limits' do not apply to me, or probably anyone else posting in this forum. So they are meaningless.
#272
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Or even less that 12 lbs.
Last edited by terrymorse; 03-22-24 at 11:04 PM.
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The stock 2014 Trek Émonda SLR 10 weighed 4.65kg in a 56cm. How much does the current (disc) Emonda SLR weigh?
Pretty hard to compare bike weights anymore, since manufacturers don't want to post them. Pre-disc, low weight was a major selling point, as it should be in a performance road bike. Truth: nothing else matters more.
BTW: the arbitrary UCI 'weight limits' do not apply to me, or probably anyone else posting in this forum. So they are meaningless.
Pretty hard to compare bike weights anymore, since manufacturers don't want to post them. Pre-disc, low weight was a major selling point, as it should be in a performance road bike. Truth: nothing else matters more.
BTW: the arbitrary UCI 'weight limits' do not apply to me, or probably anyone else posting in this forum. So they are meaningless.
FWIW: Aero trumps weight in almost every conceivable situation with very few exceptions relating to hill climbing competitions.
What's the equivalent disc? Probably a Specialized S-Works Aethos Expert with it's 585 gram frame and a handy selection of weight-weenie parts. The kicker is the weight limit, tho...Any ol' fat sub-300lb tubby-tub can ride and be safe on a stock 13 pound Aethos with a comparable 2024 $/£/€ outlay.
You are comparing the extreme pointy end of the the industry. A sub-11 pound bike nobody can ride isn't much of a bike at all.
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I shouldn't have to "make myself more visible;" Drivers should just stop running people over.
Car dependency is a tax.
I shouldn't have to "make myself more visible;" Drivers should just stop running people over.
Car dependency is a tax.
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#274
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When you are sheltered in the pack, your super aero bike might save you a handful of watts, but then you're coasting along at 25 mph expending what? 100 watts total? Joking with your pals about the movie you saw last night and eating a energy bar...
#275
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Nope - weight trumps everything. When riding in a pack, the weight penalty of a heavy bike, and especially heavy wheels will shed you off the back. Then you can be aero as a bullet, but you are not going to be able to reconnect.
When you are sheltered in the pack, your super aero bike might save you a handful of watts, but then you're coasting along at 25 mph expending what? 100 watts total? Joking with your pals about the movie you saw last night and eating a energy bar...
When you are sheltered in the pack, your super aero bike might save you a handful of watts, but then you're coasting along at 25 mph expending what? 100 watts total? Joking with your pals about the movie you saw last night and eating a energy bar...