Almenberg, Johan; Dreber, Anna - Economics Institute for Research (SIR), … - 2009
supports the notion that price not only serves to clear markets, it also serves as a marketing tool; it influences expectations … indicates that price not only serves to
clear markets, it also serves as a marketing tool; it influences expectations that in … Expectations, Marketing,
Blind Tasting, Wine.
I. Introduction
Much economic analysis assumes that price simply reflects market …