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The wine industry in the United States has grown tremendously over the past few decades, from fewer than 1,000 wineries … structure of the wine industry, the modes of distribution available to wineries, and the regulations governing them. Most … economic research, however, has focused on supply relations between wineries and wine grape growers rather than between …
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We propose to establish wine rankings using scores that depend on the differences between favorable and unfavorable … opinions about each wine, according to the Borda rule. Unlike alternative approaches and specifications, this method is well …
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signals in wine markets. Using 13,911 observations from professional wine tastings, we analyze 8,444 worldwide-produced wines …
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product quality. We use data from three leading wine rating publications (Wine Advocate, Wine Enthusiast, and Wine Spectator …-certification is associated with a statistically significant increase in wine quality rating …
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particular industry, the California wine industry. In both a formal model and an empirical analysis, we examine the implications …
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