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 …

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 …

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 …

-owned wineries in the Northern part of Italy as an interesting case: indeed, the wine industry has been traditionally a male …

examine whether this tradeoff is also perceived by product experts. Using the case of wine, we test the impact eco-labels have …

In Italy, wine is an integral part of most people's habits and lifestyles. The advent of a traumatic event like the …-demographic, psychological, and context-related modifications induced by the pandemic on wine consumption and purchase patterns. Participants … completed an online, structured survey, and the sample is constituted by Italian wine consumers. Logistic regression and …