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Bohannon, John; Goldstein, Robin; Herschkowitsch, Alexis. |
Considering the similarity of its ingredients, canned dog food could be a suitable and inexpensive substitute for pâté or processed blended meat products such as Spam or liverwurst. However, the social stigma associated with the human consumption of pet food makes an unbiased comparison challenging. To prevent bias, Newman's Own dog food was prepared with a food processor to have the texture and appearance of a liver mousse. In a double-blind test, subjects were presented with five unlabeled blended meat products, one of which was the prepared dog food. After ranking the samples on the basis of taste, subjects were challenged to identify which of the five was dog food. Although 72% of subjects ranked the dog food as the worst of the five samples in terms... |
Tipo: Working or Discussion Paper |
Palavras-chave: Consumer/Household Economics; Demand and Price Analysis. |
Ano: 2009 |
URL: http://purl.umn.edu/51757 |
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Goldstein, Robin; Almenberg, Johan; Dreber, Anna; Emerson, John W.; Herschkowitsch, Alexis; Katz, Jacob. |
Individuals who are unaware of the price do not derive more enjoyment from more expensive wine. In a sample of more than 6,000 blind tastings, we find that the correlation between price and overall rating is small and negative, suggesting that individuals on average enjoy more expensive wines slightly less. For individuals with wine training, however, we find indications of a positive relationship between price and enjoyment. Our results are robust to the inclusion of individual fixed effects, and are not driven by outliers: when omitting the top and bottom deciles of the price distribution, our qualitative results are strengthened, and the statistical significance is improved further. Our results indicate that both the prices of wines and wine... |
Tipo: Working or Discussion Paper |
Palavras-chave: Wine quality; Wire tasting; Wine prices; Demand and Price Analysis. |
Ano: 2008 |
URL: http://purl.umn.edu/37328 |
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