"Receiving a Michelin star increases prices in a Parisian restaurant by 20 percent, controlling for measures of quality, decor and location."
In the Language of Gastronomy, Those Michelin Stars Translate as Dollar Signs
by Tyler Cowen
http://www.nytimes.com/2006/07/13/business/worldbusiness/13scene.html
and
French Chefs Try To Turn Tables On Star System
by Molly Moore
http://www.highbeam.com/doc/1P2-106287.html
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