Let's narrow scope of this discussion to bang/buck choice of heat treated steel among $100+ sub 5" blade knives. Intended usage covers kitchen to light hardwood chopping duties. Good ht 60rc with edge geometry: 0.015" behind edge thick, 15dps, 750nm apex radius. All other aspects of the knife are the same.
A quick look at cost in simplistic view
Retail raw steel cost is cheap per knife. Buy in bulk/tonage would cost less than 1/2 retail.
Aldo .125 thick x 1.5" x 48" WxL
1095 - 17.59 ($4/blade)
52100 - 20.10
80CrV2 - 20.69
A2 - 29.31
W2 - 29.33
D2 - 43.89
O1 - 53.99
3V - 78.63 (so 3V blank is most expensive in this list - $16/blade)
Grind annealed steel is easy over all. Where 1095 & 80CrV2 are easiest => W2 => 52100 => 01 => A2 => 3V => D2.
Industry std ht is easy and not expensive, perhaps $10/blade to ht 10+ blades batch.
Post ht grind & finishing - A2 & D2 & 3V cost more because of higher wear resistant (note - nominally 3V has around 2.8 to 3% of carbide volume, which is slightly less than A2 5%, while D2 is 14+% CV). OK, then D2 could cost extra $20/blade.
Adding extra cost, generously the most costly steel is $40 premium over 1095.
Performance for intended tasks with given geometry
A WAG
D2 probably DQ due to poor impact toughness.
3V & A2 are could be top performers (top wear & corrosion resistant as well) for a little extra $. <= bottom line answer to OP, I guess.
O1 material cost more than 52100 & W2 but w/o marginal perform gain, hence eliminated.
W2 is about $2 premium over 1095 and it has additional grain refinement elements. Look like a highest B/B gain. <= bottom line answer to OP, I guess.
52100 is $1-2 premium over 1095 (25cents material and grind). Not sure a slight corrosion resistant worth extra $.
80CrV2 has lower wear resistant; fine grain and tougher. However extra toughness is wasted in context of intended usage.
Metallurgy
Fine spheroidize cementite(Fe3C) is not brittle. 3V 400F tempered has quite a bit of sub 250nm precipitated cementite.
One can refine grain of hypereutectoid steels using non-dissolved fine cementites. applicable to low Cr steels such as 1095; 52100; Hitachi white&blue #1,#2; etc..
BCMW/my HT
HT low Cr steels to 64-67rc for indented tasks (above) at edge geometry (above). They are great B/B.
btw - keep in mind, edge retention in pushcuts & chops usage is mostly depend on steel matrix strength & toughness. Wear resistant (from high carbide volume) could speed up edge degradation in this type of usage, especially from chopping impacts.
I'll be busy...