Why Do 12" Tonearms Cost So Much More Than 9"?

The Reed 5T and the Schroder LT are very similar arms. They work on the same principle which you can review here  https://www.youtube.com/watch?v=oIoHvCE9F0I
The Reed is animated while the Schroder is entirely passive. Both arms are pivoted. They do not suffer from horrendous horizontal effective mass. Both arms are dead straight and if set up correctly do not generate any skating force. They have to be right on the tangent, the turntable has to be dead level and the record has to be dead flat. All of these parameters are unlikely to be met so there will always be a little skating force one way or the other but magnitudes lower than any offset arm. 
The Schroder arm is brilliant. It uses groove friction to operate it's horizontal pivot platform and a magnet to maintain the correct position. It is very hard to describe but you can see the patent here   https://patents.google.com/patent/US8576687B1/en.
Lewm, both tonearms maintain tangency within 0.05 minutes which is pretty incredible. Both will easily out perform any offset arm not to mention any straight line tracker of any type because cartridges do not have to suffer under the high horizontal effective masses these arms have and are subject to very little skating force.
I am leaning towards the Schroder LT. It is 1/2 the price and just an elegant design. The Reed has one major advantage. It has removable arm wands like Graham arms and you can get them in a range of effective masses so you can tailor it to any cartridge. Switching from one cartridge to another is a breeze. Obviously the Schroder is going to be more durable in the long run. 
Uberwaltz, you are not missing anything. 12" arms are less critical of set up. We all agree they have less tracking error I hope. This means that if a cartridge is misaligned by 1 degree this will have less of an effect on a 12 inch arm relative to a 9 inch arm. Frankly, you either get the cartridge exactly where you want it or let someone else do the job who can. There is no magic here. Anyone with two functional hands and two functional eyes can do it. Just make sure the stylus guard is in place and save the beer for after the job is done unless you have an essential tremor than drink the beer first!  

mijostyn

The Reed 5T and the Schroder LT are very similar arms ... and if set up correctly do not generate any skating force. They have to be right on the tangent, the turntable has to be dead level and the record has to be dead flat. All of these parameters are unlikely to be met so there will always be a little skating force one way or the other but magnitudes lower than any offset arm.

I do not have firsthand experience with either of those arms and have not even seen them up close. However, any pivoted arm with a fixed horizontal pivot will generate some skating force, even though an underhung arm will show much less than any arm with an offset.

By way of real-world example, consider the lowly Garrard Zero100. Its zero-tracking-error "pantograph"- type pickup arm included an antiskate mechanism. Even then, it was understood that skating force was a byproduct of both offset and the pivoted arm itself.

I continue to be surprised at the level of confusion that exists here regarding pickup arm geometry, because all the math has already been calculated. Here’s a fair treatment on skating force that includes some excellent references.

Cleeds, The Reed 5T and the Schroder LT do not have fixed horizontal bearings. Both arms are free to move horizontally just like any pivoted tonearm. I'm not sure how the Reed is set up but I do know all about the Schroder which I am itching to buy. It comes with all the tools necessary for set up including a special very flat blank record. Once you have the turntable level and the tonearm set on tangent you play the blank record. There is an adjustment to the pivot platform that slightly changes the radius of the Thales circle. You adjust it until the arm does not skate at all. This does not account for the irregularities that most records have, warps and such. So, there will still be slight skating forces one way or the other but this is true of any straight line tracker. The main advantage of these arms besides virtually no skating as we normally think of it, is the stylus does not have to drag a very heavy carriage along.
The Schroder design is an example of brilliant lateral thinking. Check out the patent I linked to above.  

mijostyn

... The Reed 5T and the Schroder LT do not have fixed horizontal bearings. Both arms are free to move horizontally just like any pivoted tonearm.

That’s pretty obvious. But if the horizontal pivot itself is fixed, then the arm will generate some skating force. That’s explained in the link I provided you. Skating force is the product of both offset and the pivot itself, which is something you seem to overlook.

Skating force is dynamic. That the Shroder arm can be set so that it has zero skating force at one point in its arc of rotation does not mean it has zero skating force across the entire arc, especially because skating force is affected by other forces such as VTF, which will also vary across the record. Again, this force can be measured, so its silly to dispute it. And more information is in the link I provided.

Cleeds, I just finished reading your link. It is a very lucid explanation of how skating force is generated. It also mentions both Reed and Schroder.
I miss understood what you meant by fixed horizontal bearing. Both the Reed 5T and Schroder LT do not have fixed horizontal bearings. The platforms that the horizontal bearings are mounted too are hinged at the right radius so that the pivot point of the bearing follows an arc as dictated by Thales thus the arms remain tangent to the groove at all points. This is shown by your author.
Your author relates the skating force should be 10 to 12% of VTF. 
Wally Tools says 9-11%. Some say the Wally Skater is the most accurate way of adjusting skating  https://www.wallyanalog.com/wallyskater
I have not tried one. It costs $260.00. It does however reliably gauge anti skate as a percentage of VTF. I use the Hi Fi News Analog Test Record and use the lowest velocity band to set anti skating. It coincides with Frank Schroder's method of using the run out groove area which Peter Ledermann also endorses. 
At any rate anti skating is a ball park measurement. There is no exact right figure and many opinions as which side of the ballpark you want to be in. I'm happy just to get in the ball park.