EconPapers    
Economics at your fingertips  
 

Understanding how experts rate cigars: A “havanometric” analysis

Nicolas Vaillant () and François-Charles Wolff

Working Papers from HAL

Abstract: Drawing on data from an annual French guidebook published in 2004, this paper focuses on the determinants of experts' ratings on Cuban cigars. We find that high quality cigars are more likely to be recommended to more experienced cigar lovers. Both the self-assessed quality and recommendation depend on the length and diameter of the cigars, but also on more subjective characteristics like number and type of aromas. Results from a Fields' decomposition show that the quality of cigars is much more sensitive to the presence of a defect and number of aromas than the experts' recommendation, which is more influenced by the rarity of cigars. Finally, it is essentially the cigars' objective characteristics that have an influence on their prices, meaning that consumers truly benefit from additional qualitative information when reading experts' advice and ratings.

Keywords: Cigars; expert opinion; quality (search for similar items in EconPapers)
Date: 2010-11-01
Note: View the original document on HAL open archive server: https://hal.science/hal-00547705
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://hal.science/hal-00547705/document (application/pdf)

Related works:
Journal Article: Understanding how experts rate cigars: a ‘havanometric’ analysis (2013) Downloads
Working Paper: Understanding how experts rate cigars: a 'havanometric' analysis (2011) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-00547705

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().

 
Page updated 2024-05-21
Handle: RePEc:hal:wpaper:hal-00547705