Kaimann, Daniel; Spiess Bru, Clarissa Laura Maria; … - In: Journal of wine economics 18 (2023) 3, pp. 226-244
The impact of product ratings is significant in the experience goods market, whose intangible products are difficult to … on the influence of product characteristics and former reviews on rating behavior and market prices as additional quality … signals in wine markets. Using 13,911 observations from professional wine tastings, we analyze 8,444 worldwide-produced wines …