Goldstein, Robin; Almenberg, Johan; Dreber, Anna; … - Economics Institute for Research (SIR), … - 2008
of wines and wine recommendations by experts may be poor guides for non-expert wine consumers. …Individuals who are unaware of the price do not derive more enjoyment from more expensive wine. In a sample of more … indications of a positive, or at any rate non-negative, correlation. Our results are robust to the inclusion of individual fixed …