Pierre Dubois, and Céline Nauges, Identifying the Effect of Unobserved Quality and Experts' Reviews in the Pricing of Experience Goods: Empirical Application on Bordeaux Wine, International Journal of Industrial Organization, vol. 28, n. 3, May 2010, pp. 205–212.

JEL codes

  • D82: Asymmetric and Private Information • Mechanism Design
  • L15: Information and Product Quality • Standardization and Compatibility
  • Q11: Aggregate Supply and Demand Analysis • Prices
  • C51: Model Construction and Estimation