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How do judgment devices influence price formation? We investigate this question through a study of the German wine … market. The German wine market is characterized by the simultaneous existence of two classification systems: the official … is much more powerful in explaining price formation within the market. …
Persistent link: https://www.econbiz.de/10009567120
How do judgment devices influence price formation? We investigate this question through a study of the German wine … market. The German wine market is characterized by the simultaneous existence of two classification systems: the official … is much more powerful in explaining price formation within the market …
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