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Expert Opinion and the Demand for Experience Goods: An Experimental Approach in the Retail Wine Market
3 references·16 citing·40 second hop
Expert Opinion and the Demand for Experience Goods: An Experimental Approach in the Retail Wine Market (2010)Expert Opinion and the Demand for Experie…Advertising, learning, and consumer choice in experience good markets: an empirical examination* (2003)Advertising, learning, and co…The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Market for "Lemons": Qual…Information and Consumer Behavior (1970)Information and Consumer Beha…Hedonic Price Functions and Wine Price Determinants: A Review of Empirical Research (2020)Hedonic Price Functions and W…The Value of Expert Opinion in the Pricing of Bordeaux Wine Futures (2016)The Value of Expert Opinion i…The power of expert identity: How website-recognized expert reviews influence travelers' online rating behavior (2016)The power of expert identity:…Consumer sorting and hedonic valuation of wine attributes: exploiting data from a field experiment (2016)Consumer sorting and hedonic …Consumer knowledge affects valuation of product attributes: Experimental results for wine (2016)Consumer knowledge affects va…Wine Tasters, Ratings, andEn PrimeurPrices (2015)Wine Tasters, Ratings, andEn …Hedonic wine price functions with different prices (2015)Hedonic wine price functions …Dynamics of fine wine and asset prices: evidence from short- and long-run co-movements (2015)Dynamics of fine wine and ass…Do expert reviews really drive demand? Evidence from a German car magazine (2015)Do expert reviews really driv…Expert Opinion and Bordeaux Wine Prices: An Attempt to Correct Biases in Subjective Judgments (2014)Expert Opinion and Bordeaux W…Consumer Demand for Fair Trade: Evidence from a Multistore Field Experiment (2014)Consumer Demand for Fair Trad…The impact of individual and collective reputation on wine prices: empirical evidence from the Mosel valley (2013)The impact of individual and …How reputation creates loyalty in the restaurant sector (2013)How reputation creates loyalt…Learning from the Crowd: Regression Discontinuity Estimates of the Effects of an Online Review Database (2012)Learning from the Crowd: Regr…Do Expert Reviews Affect the Demand for Wine? (2012)Do Expert Reviews Affect the …Consumer Demand for the Fair Trade Label: Evidence from a Multi-Store Field Experiment (2011)Consumer Demand for the Fair …Impure Altruism and Donations to Public Goods: A Theory of Warm-Glow Giving (1990)A Theory of Fairness, Competition, and Cooperation (1999)Experiments in International Relations: Lab, Survey, and Field (2015)Fair Trade and Free Entry: Can a Disequilibrium Market Serve as a Development Tool? (2015)Workers’ rights in global value chains: possibilities for protection and for peril (2017)Consumer Perceptions of Price, Quality, and Value: A Means-End Model and Synthesis of Evidence (1988)On the Evaluation of Structural Equation Models (1988)Principles and Practice of Structural Equation Modeling (1998)Theoretical examination of destination loyalty formation (2014)Generating brand awareness in Online Social Networks (2015)From recreation to responsibility: Increasing environmentally responsible behavior in tourism (2019)Advertising as Information (1974)American Economic Review (2019)THE INFLUENCE OF EXPERT REVIEWS ON CONSUMER DEMAND FOR EXPERIENCE GOODS: A CASE STUDY OF MOVIE CRITICS -super-*A Logit Model of Brand Choice Calibrated on Scanner Data (1983)Price and Advertising Signals of Product Quality (1986)Uncertainty and Learning in Pharmaceutical Demand (2005)Persuasion: Empirical Evidence (2010)The Effect of Word of Mouth on Sales: Online Book Reviews (2006)The value of reputation on eBay: A controlled experiment (2006)Bootstrap-Based Improvements for Inference with Clustered Errors (2008)Mobile Phone Coverage and Producer Markets: Evidence from West Africa (2014)A study of factors that contribute to online review helpfulness (2015)Extrinsic versus Intrinsic Rewards for Contributing Reviews in an Online Platform (2018)Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition (1974)Does Organic Wine Taste Better? An Analysis of Experts' Ratings (2016)Handbook of Social Psychology (2013)Monitoring global supply chains (2015)Supply Chain Visibility and Social Responsibility: Investigating Consumers’ Behaviors and Motives (2018)Financing environmentally-sustainable projects with green bonds (2019)A Service Quality Model and its Marketing Implications (1984)Electronic word-of-mouth via consumer-opinion platforms: What motivates consumers to articulate themselves on the Internet? (2004)The effect of online reviews on hotel booking intention: The role of reader-reviewer similarity (2017)Understanding Guest Satisfaction with Urban Hotel Location (2017)A systematic review of cognitive biases in tourist decisions (2019)The Antecedents and Consequences of Customer Satisfaction for Firms (1993)Corporate Social Responsibility: A Theory of the Firm Perspective (2001)The Evolution of Cooperation (1981)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Resource-Based Theory of Competitive Advantage: Implications for Strategy Formulation (1991)
this work references cited by second hop

References

  • 1970The Market for "Lemons": Quality Uncertainty and the Market Mechanism22,977 cited
  • 1970Information and Consumer Behavior5,796 cited
  • 2003Advertising, learning, and consumer choice in experience good markets: an empirical examination*474 cited

Cited by

  • 2012Learning from the Crowd: Regression Discontinuity Estimates of the Effects of an Online Review Database438 cited
  • 2014Consumer Demand for Fair Trade: Evidence from a Multistore Field Experiment258 cited
  • 2013How reputation creates loyalty in the restaurant sector178 cited
  • 2016The power of expert identity: How website-recognized expert reviews influence travelers' online rating behavior175 cited
  • 2014Expert Opinion and Bordeaux Wine Prices: An Attempt to Correct Biases in Subjective Judgments79 cited
  • 2012Do Expert Reviews Affect the Demand for Wine?78 cited
  • 2011Consumer Demand for the Fair Trade Label: Evidence from a Multi-Store Field Experiment74 cited
  • 2015Do expert reviews really drive demand? Evidence from a German car magazine70 cited
  • 2020Hedonic Price Functions and Wine Price Determinants: A Review of Empirical Research69 cited
  • 2015Wine Tasters, Ratings, andEn PrimeurPrices54 cited
  • 2016Consumer knowledge affects valuation of product attributes: Experimental results for wine

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52 cited
  • 2013The impact of individual and collective reputation on wine prices: empirical evidence from the Mosel valley44 cited
  • 2016Consumer sorting and hedonic valuation of wine attributes: exploiting data from a field experiment43 cited
  • 2015Dynamics of fine wine and asset prices: evidence from short- and long-run co-movements41 cited
  • 2016The Value of Expert Opinion in the Pricing of Bordeaux Wine Futures37 cited
  • 2015Hedonic wine price functions with different prices33 cited