Just came across an Interesting article from Master Brewing Assoc. of the Americas (MBAA - QT-3 2016) on the effects of dry hopping, IBU, and perceived bitterness. IBU vs High Performance Liquid Chromatogpaphy (HPLC)
https://hopsteiner.com/wp-content/uploads/2016/09/TQ-53-3-0808-01.pdf
"HPCL analysis of beers that are heavily dry hopped show dry hopping removes a considerable amount of iso-alpha-acids and adds nonbitter alpha-acids and less bitter humulinones to beer."
https://hopsteiner.com/wp-content/uploads/2016/09/TQ-53-3-0808-01.pdf
"HPCL analysis of beers that are heavily dry hopped show dry hopping removes a considerable amount of iso-alpha-acids and adds nonbitter alpha-acids and less bitter humulinones to beer."