Sunday, February 10, 2013

Arbitrariness of Aesthetic Judgment

Sabbatical has allowed me to finally make a dent on my pile of unread economists. Finally nearing the bottom of the stack, that are just over a year old. Found this article today...

As in the wine trial, where experts prefer New Jersey wines to the top French vintages in blind trials and think wine tastes better when they have a higher price tag, in blind randomized trials, experts prefer modern violins to the 17th centuray Stradivari that are typically coveted.

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