February 2, 2013

IT'S NOT A SCAM WHEN THE "EXPERTS" ARE THE DUPES:

How Wine Tasting is More -- and Less -- of a Scam Than You Thought (Pacific Standard, 1/28/13)

How do we decide what makes one wine better than another? Expectation-influencing variables like a label and price make a big difference--just as they do for other "experiential goods" like food or hotels. With wine, however, blind taste tests by experts are supposed to eliminate those external cues. But it turns out the experts may be no more reliable than the rest of us. In these data points, drawn from his new book, Mind Over Mind: The Surprising Power of Expectations, journalist Chris Berdik takes a sobering look at our double vision.
Posted by at February 2, 2013 9:47 AM
  
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