Goldstein, Robin; Almenberg, Johan; Dreber, Anna; … - 2008 - Rev. April 24, 2008
Individuals who are unaware of the price do not derive more enjoyment from more expensive wine. In a sample of more … that individuals on average enjoy more expensive wines slightly less. For individuals with wine training, however, we find … of wines and wine recommendations by experts may be poor guides for non-expert wine consumers. -- Wine ; price …