Do more expensive wines taste better? Evidence from a large sample of blind tastings

More than 6,000 blind tastings; correlation between price and overall rating small and negative; indications of a non-negative relationship for individuals with wine training; results hold with individual fixed effects and when top and bottom price deciles are dropped.

Written from the abstract read 2026-10-12.

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doi:10.1017/S1931436100000523. Abstract read: more than 6,000 blind tastings; correlation between price and overall rating small and negative; indications of a non-negative relationship for individuals with wine training; results hold with individual fixed effects and when top and bottom price deciles are dropped.