Essays about: "Erik Andermo"
Found 1 essay containing the words Erik Andermo.
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1. Price and Concept as Complements or Substitutes: Signaling and Perception in Wine Tasting
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : Previous research has established a correlation between reported pleasantness and the price of a wine, a result which invites an alternative perspective on the fundamentals of economic theorizing. This study investigates the importance of the price signal for this effect, relative to a non-monetary signal, by randomly assigning wine tasters to four different treatments. READ MORE
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