Consumers don't always equate higher prices with quality

(PhysOrg.com) -- A new Cornell study finds that while higher prices may generate a more positive view of products, a higher price tag doesn't mean consumers will necessarily buy them.

Why expensive wine appears to taste better

Price labels influence our liking of wine: The same wine tastes better to participants when it is labeled with a higher price tag. Scientists from the INSEAD Business School and the University of Bonn have discovered that ...

The 'Mississippi Bubble' and the complex history of Haiti

Many things account for Haiti's modern troubles. A good perspective on them comes from going back in time to 1715 or so—and grappling with a far-flung narrative involving the French monarchy, a financial speculator named ...

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