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Expensive and Cheap Wine Words Revisited

Published online by Cambridge University Press:  18 February 2022

Kevin W. Capehart Open the ORCID record for Kevin W. Capehart [Opens in a new window]
Kevin W. Capehart*
Affiliation:
Department of Economics, California State University, Fresno, 5245 N Backer Ave M/S PB20, Fresno, CA 93740; e-mail: [email protected].
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Abstract

Previous work has quantitatively analyzed expert wine descriptions to identify some so-called “expensive” and “cheap” words that are indicative of a wine's price. This paper revisits that work. In particular, I examine whether words previously identified as expensive and cheap ones are still indicative of a wine's price when using the same methods and a different, larger dataset. My findings mostly confirm previous conclusions, although many directions for further research into expensive and cheap wine words remain open. (JEL Classifications: D83, L66)

Keywords

expert evaluationwine
Type
Articles
Information
Journal of Wine Economics , Volume 16 , Issue 4 , November 2021 , pp. 411 - 418
Copyright
Copyright © The Author(s), 2022. Published by Cambridge University Press on behalf of American Association of Wine Economists

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Footnotes

*

I thank two anonymous reviewers and Karl Storchmann, the editor of the journal.

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