Dealer disagreement on polished stones comes from demand forecasts and flaw detection.
Evidence
In contrast, when dealers value a polished stone differently, most of that difference will be due to their differing estimates of market demand and to their differential skill in detecting flaws in stones. In recent years, however, the skill factor has become less important. — Lisa Bernestein, Opting out of the Legal System, 27
Categorization
- XREF: connects to: Physical inspection constraints shape where diamond trades happen; Market confidence is inductive expectation reviewable against dealer behavior
Related
- Rough diamond valuation differences reflect genuine disagreements about manufacturable polish. (similarity 0.81)
- Physical inspection constraints shape where diamond trades happen (similarity 0.79)
- Rough diamond valuation is inherently subjective because cutting skill varies. (similarity 0.79)
Broader Connections
- Physical inspection constraints shape where diamond trades happen
#expands(0.82) - Market confidence is inductive expectation reviewable against dealer behavior
#exemplifies(0.72)