Friday, July 24, 2009

What Is "Reasonable"?

So the Belz Chasidim have announced new takanos restricting wedding expenditures. I like this one:
For instance, the parents of the groom are instructed to choose between a bracelet and a mixer as a gift for the bride during the engagement period.
This part is troubling, though.
Luckily, the new plan includes not only restrictions, but also some benefits. The document's authors have taken a number of steps to help families lower the cost of the wedding by getting entertainers, photographers and wedding bands to agree to charging reasonable prices for their services.
What is a reasonable price? How is that different from market rates?