Thode, Stephen F.; Taylor, Larry W.; Maskulka, James M. - In: International Journal of Wine Marketing 14 (2002) 1, pp. 5-13
A dynamic econometric model of wine auctions is estimated to measure the informational signalling impact of a wine critic on the return to the investment in fine wines. United States data suggests that critic Robert Parker is an influencer on the auction price of Bordeaux wines. Furthermore it...