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New haptic robot arms with powerful force feedback could help product design engineers check out complex assembly problems in a virtual reality environment. Companies in the automotive and aerospace industries are likely to be the first to take advantage of the technology. They could be applying it to design‐for‐assembly projects by 2005.

The paper aims to present interactive simulation with haptic feedback as a valid method for solving complex assembly problems in the context of industrial product development. Its purpose is to clarify the position of interactive simulation with respect to other methods, and to emphasize its specific value for design engineers.

The paper describes the challenges faced by design engineers in the context of design for assembly and assembly process planning. It introduces and compares automatic path planning and interactive simulation as two different approaches for checking the feasibility of assembly tasks. It provides a review of the scientific challenges and technical issues faced when implementing interactive simulation with haptic feedback in this context. It presents recent research results in the domains of final insertion and human model simulation.

The paper provides an overview of the scientific, technological and practical aspects of interactive simulation with haptic feedback. It explains how this method benefits from the manual skills and cognitive capabilities of the human operator for solving complex assembly problems. It proposes an assessment of the technical maturity using the Technology Readiness Level approach.

The paper gives insights about the maturity and usability of interactive assembly simulation with haptic feedback, for the benefit of design engineers seeking new ways to decrease product development time and costs while increasing quality.

This study aims to identify the price determinants of fine wines in a small and competitive market. These characteristics are found in many lesser-known wine-producing countries and are often difficult to analyse because of lack of data.

This study hand-collects and transcribes wine-related data for 149 Swiss wineries and 2,454 individual wines over the period 2014–2018 directly from wine lists provided by wineries. This study uses multivariate ordinary least squares regressions to analyse the relation between wine attributes and prices and to assess the effect of a currency shock caused by the sudden appreciation of the Swiss franc in 2015 as well as a reduction in information asymmetries induced by the novel coverage of Swiss wines by The Wine Advocate.

Prices mainly depend on collective reputation, production techniques and product positioning. Surprisingly, following a sharp appreciation of the Swiss franc, producers did not reduce prices. The arrival of a highly influential wine expert on the market also had a positive price effect on rated wines and producers. Both hint at wineries attempting to position themselves relative to competitors.

Few studies examine the price drivers in lesser-known wine markets, where competition is fierce. This study’s results show that wine pricing differs from other more famous and larger wine regions. In addition, to the best of the authors’ knowledge, this study is also the first to analyse the impact of a currency shock and a reduction in information asymmetries on wine prices.