Do consumers learn from tasting scores set by experts?

Using data from whisky tastings and fixed effect regressions, we find that net of any composition effect, experts report different tasting scores on average. This indicates that consumers have little to learn from absolute scores.

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Year of publication:	2012-05-09
Authors:	Vaillant, Nicolas Gérard ; Wolff, François-Charles
Institutions:	HAL
Subject:	expert opinion \| tasting score

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	View the original document on HAL open archive server: http://hal.archives-ouvertes.fr/hal-00695723
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010899593