Individuals who are unaware of the price do not derive more enjoyment from more expensive wine. In a sample of more … that individuals on average enjoy more expensive wines slightly less. For individuals with wine training, however, we find … of wines and wine recommendations by experts may be poor guides for non-expert wine consumers. …

Individuals who are unaware of the price do not derive more enjoyment from more expensive wine. In a sample of more … that individuals on average enjoy more expensive wines slightly less. For individuals with wine training, however, we find … of wines and wine recommendations by experts may be poor guides for non-expert wine consumers. …

Individuals who are unaware of the price do not derive more enjoyment from more expensive wine. In a sample of more … that individuals on average enjoy more expensive wines slightly less. For individuals with wine training, however, we find … of wines and wine recommendations by experts may be poor guides for non-expert wine consumers. -- Wine ; price …

use historical data and exploit temporal and geographical variations in the introduction of wine GIs in early twentieth …

The aim of this article is to analyse the nature and extent of knowledge and information networks in an Italian wine …

We develop a simple model of the effects of reputation on wine prices. An increasing fraction of consumers who are quot …;naivequot; (less well informed about wine quality) results in a stronger sensitivity of wine prices to ratings of quality. We then use … time. In addition, we find that a change in Parker rating has a stronger effect on price, the stronger is the wine …

of public policies. We analyze how wine regulations, and more specifically planting rights restrictions, have been … affected by globalization, in particular colonial expansions of wine producing empires. We study several historic cases and … find that (a) planting right restrictions and compulsory uprooting of vineyards are introduced to deal with falling wine …

Fine wine has become an attractive alternative asset class in recent decades. In our study, we take the market … microstructural perspective and verify how innovations in trading infrastructure affect the fine wine market. More specifically, we … automated, cost-effective wine exchange in improving pricing efficiency and reducing market risk. This may constitute useful …

This paper is interested to evaluate the consumption of wine from 1980 to 2010. This study is evaluating the growth … rates of wine consumption by regions at China. Additionally, we would like to evaluate the origin and preferences of wines … to study the booming of wine consumption in the last past 30 years …