Wine Ratings

Olivier Gergaud, Victor Ginsburgh and Juan Moreno-Ternero

No 2020-38, Working Papers ECARES from ULB -- Universite Libre de Bruxelles

Abstract: Wine ratings are extremely important for the wine industry but, nowadays, they have flourished to the extent that they complicate wine merchants', stores' and consumers' decisions. There is, thus, an increasing need to compromise among them. This paper explores alternative ways to do so, inspired by contributions in political science, social choice, game theory and operations research. We apply our methods to rank 2018 en- primeur Bordeaux wines, rated by five international experts.

Keywords: Wines; Ratings; Global Wine Score; 2018 en-primeur Bordeaux wines; Judgement of Paris (search for similar items in EconPapers)
JEL-codes: D63 L66 (search for similar items in EconPapers)
Pages: 32 p.
Date: 2020-09
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