The role of customer and expert ratings in a hedonic analysis of French red wine prices: from gurus to geeks?
| dc.rights.license | open | en_US |
| hal.structure.identifier | Ecole d'Economie d'Aix-Marseille | |
| dc.contributor.author | BAZEN, Stephen | |
| hal.structure.identifier | Bordeaux Sciences Economiques [BSE] | |
| dc.contributor.author | CARDEBAT, Jean-Marie | |
| hal.structure.identifier | Bordeaux Sciences Economiques [BSE] | |
| dc.contributor.author | DUBOIS, Magalie | |
| dc.date.accessioned | 2023-09-21T09:35:32Z | |
| dc.date.available | 2023-09-21T09:35:32Z | |
| dc.date.issued | 2023-09-14 | |
| dc.identifier.issn | 0003-6846 | en_US |
| dc.identifier.uri | oai:crossref.org:10.1080/00036846.2023.2257036 | |
| dc.identifier.uri | https://oskar-bordeaux.fr/handle/20.500.12278/183750 | |
| dc.description.abstractEn | Wine experts’ ratings provide quality information and reduce the information asymmetry for the consumer. We hypothesize that consumers’ ratings will come to dominate expert ratings in the wine expertise market. We employ a hedonic regression framework on the attributes of 36,970 French red wines to determine the relative impacts of expert and Vivino community ratings on wine prices. Average consumer ratings are found to have a larger effect on price than expert scores. These results are found to be robust to outliers and the general conclusion that peers matter more than experts holds when we exclude the top-end wines. | |
| dc.language.iso | EN | en_US |
| dc.source | crossref | |
| dc.subject.en | Hedonic analysis | |
| dc.subject.en | Wine experts | |
| dc.subject.en | Peer rating | |
| dc.subject.en | wine prices | |
| dc.subject.en | Quality evaluation | |
| dc.title.en | The role of customer and expert ratings in a hedonic analysis of French red wine prices: from gurus to geeks? | |
| dc.type | Article de revue | en_US |
| dc.identifier.doi | 10.1080/00036846.2023.2257036 | en_US |
| dc.subject.hal | Sciences de l'Homme et Société/Economies et finances | en_US |
| dc.subject.jel | C - Mathematical and Quantitative Methods::C1 - Econometric and Statistical Methods and Methodology: General | en_US |
| dc.subject.jel | D - Microeconomics::D1 - Household Behavior and Family Economics::D12 - Consumer Economics: Empirical Analysis | en_US |
| dc.subject.jel | D - Microeconomics::D6 - Welfare Economics | en_US |
| dc.subject.jel | L - Industrial Organization::L1 - Market Structure, Firm Strategy, and Market Performance::L15 - Information and Product Quality; Standardization and Compatibility | en_US |
| dc.subject.jel | Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics::Q1 - Agriculture::Q11 - Aggregate Supply and Demand Analysis; Prices | en_US |
| bordeaux.journal | Applied Economics | en_US |
| bordeaux.page | 1-17 | en_US |
| bordeaux.hal.laboratories | Bordeaux Sciences Economiques / Bordeaux School of Economics (BSE) - UMR 6060 | en_US |
| bordeaux.institution | Université de Bordeaux | en_US |
| bordeaux.institution | CNRS | |
| bordeaux.institution | INRAE | |
| bordeaux.peerReviewed | oui | en_US |
| bordeaux.inpress | non | en_US |
| bordeaux.import.source | dissemin | |
| hal.identifier | hal-04213314 | |
| hal.version | 1 | |
| hal.date.transferred | 2023-09-21T09:35:33Z | |
| hal.popular | non | en_US |
| hal.audience | Internationale | en_US |
| hal.export | true | |
| workflow.import.source | dissemin | |
| dc.rights.cc | Pas de Licence CC | en_US |
| bordeaux.COinS | ctx_ver=Z39.88-2004&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.jtitle=Applied%20Economics&rft.date=2023-09-14&rft.spage=1-17&rft.epage=1-17&rft.eissn=0003-6846&rft.issn=0003-6846&rft.au=BAZEN,%20Stephen&CARDEBAT,%20Jean-Marie&DUBOIS,%20Magalie&rft.genre=article |
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