Empirical evidence of lumping and splitting: Expert ratings’ effect on wine prices
Categorization is essential to everyday cognition, aiding in the organization and comprehension of information and salient stimuli. In many cases, we partake in the process of “lumping” and “splitting,” where similar items are lumped together, while dissimilar items are split apart in an exaggerated...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Firenze University Press
2019-12-01
|
| Series: | Wine Economics and Policy |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2212977418300656 |