We investigate the relationship between external quality evaluation via experts, firm reputation and product prices and … extend the existing empirical literature in three dimensions. First, we empirically account for endogenous reputation effects …. An increase in quality has an immediate positive impact on product prices but also improves the reputation of a firm …

We estimate hedonic price functions for premium wine from Australia and New Zealand, differentiating implicit prices … for sensory quality ratings, wine varieties and regional as well as winery brand reputations over the vintages 1992 … Halliday's winery ratings and classic wine designations, are highly significant …

of this wine is exported worldwide, we look at international markets. We gauge this influence by estimating a hedonic … price model based on a sample of 2315 Italian still wines reviewed in Robert Parker's Wine Advocate. The work expands … impacts of ageing on wine prices according to the different grape varieties utilized. Results show that, besides the well …

Consumers often struggle to make their choice in the highly diversified wine market. With wine being an experience good … consumer ratings have become an increasingly useful and widespread tool. Vivino is one of the largest online wine communities … established wine expert ratings are being challenged. This study analyzes data from Vivino to explore factors affecting consumer …

preserves wine, preventing oxidation and browning. However, in the US, wine labeled as organic cannot contain added sulfur … wine was recently rejected. In France, added sulfur dioxide is allowed in organic wine, but not used in all organic wine …. This variation in use allows the estimation of the value of added sulfur dioxide in French organic wine, which sheds light …

affect wine prices. We find that organic wine tends to obtain higher prices than conventional wine. The price premium is not …