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Does quality pay off? “Superstar” wines and the uncertain price premium across quality grades
16 references·9 citing·45 second hop
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References

  • 2008Why Has CEO Pay Increased So Much? *1,822 cited
  • 1996The Winner-Take-All Society1,165 cited
  • 1983Specialization and Human Capital317 cited
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  • 2007The Pricing of Experience Goods: The Example ofen primeurWine140 cited
  • 2009Identifying the effect of unobserved quality and expert reviews in the pricing of experience goods: Empirical application on Bordeaux wine87 cited
  • 2010Prices as Quality Signals: Evidence from the Wine Market64 cited
  • 2010The political economy of price and status formation in the Bordeaux en primeur market: the role of wine critics as rating agencies60 cited
  • 2015Wine Tasters, Ratings, andEn PrimeurPrices54 cited
  • 2014Wine as an Experience Good: Price Versus Enjoyment in Blind Tastings of Expensive and Inexpensive Wines41 cited
  • 2016The Value of Expert Opinion in the Pricing of Bordeaux Wine Futures37 cited
  • 2018What factors explain the price of top quality wines?31 cited
  • 2017Économie du vin30 cited
  • 2011Wine Retail Price Dispersion in the United States: Searching for Expensive Wines?29 cited
  • 2009Globalization, Superstars, and Reputation: Theory & Evidence from the Wine Industry

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28 cited
  • 2018Wineinformatics: A Quantitative Analysis of Wine Reviewers26 cited
  • Cited by

    • 2024Factors influencing wine ratings in an online wine community: The case of Trentino–Alto Adige12 cited
    • 2024Can Geographical Indications foster local development? Evidence from Montefalco Sagrantino DOCG4 cited
    • 2024Wine ratings and commercial reality3 cited
    • 2024Is more always better? The returns to alcohol by volume—Evidence from the Austrian “Spirits Trophy 2023”1 cited
    • 2025Exploring the Superstar Effect in the Wine Industry: Wine Spectator's Top 100 List and Price Premiums1 cited
    • 2024Does Excellence Pay Off? Evidence from the Italian Wine Market1 cited
    • 2025A hedonic pricing analysis of fungus-resistant grape varieties in Germany0 cited
    • 2023Experience goods and the role of experts : recommendation effects on wine purchasing decision0 cited
    • 2026Regional Variations in the Returns to Credible Signals of Product Quality: Empirical Evidence from the German Wine Industry0 cited