(otherwise good point)
But objectivly proofing it, would require a very complex bio-chemical anaylsis of his digestion and neurological system as well as a deep psychoanalysis. Interesting research probably, but not necessary for determining that objectivly lemon cake has a higher value to him, because he simply likes it more.
Acting against what makes you feel better is rational. I don't think that's controversial.
If you're a cake mix company that only sells chocolate cake mix, switching up production to include vanilla has expenses all by itself. You now have to manage extra ingredients in your supply chain, schedule time to switch production and all the overhead and downtime in doing so...and your factory-to-retail logistics chain is now both more complicated and split between the two products.
If you retail cake mixes, why would you dedicate capital, storage, and shelf space to something that sells at one ninth the rate?
Etc.
Given that premise, it’s still possible to value one less than the other.
Given another premise that wasn’t in the comment… we’ll you can still value one less than the other but so what?
That’s not irrational. It doesn’t cost any more to make a lemon cake than a chocolate cake but a lemon cake is more valuable to me because I don’t like chocolate. Perfectly rational.