<italic>En primeur</italic> sales of Bordeaux <italic>grands crus</italic> occur every spring on the Bordeaux marketplace and represent the main source of supply for wine merchants. We address two specific issues related to the <italic>en primeur</italic> strategy. First, we study whether <italic>en primeur</italic> prices are good estimates of wines' qualities,...

We examine the scope and value of targeted advertising in the magazine industry. We use data on reader characteristics at individual media, in contrast to previous work that has needed to infer this information from aggregate data. Our results show a strong relationship between subscriber...

On April 1, 2005, Denmark changed the way references prices, a main determinant of reimbursements for pharmaceutical purchases, are calculated. The previous reference prices, which were based on average EU prices, were substituted to minimum domestic prices. Novel to the literature, we estimate...