Artikel

Consistency of expert product reviews: An application to wine guides

Purpose. The purpose of this study is to examine the internal consistency of wine guides by comparing the judgements of expert wine tasters and reviewers. A classification of wines is provided to establish whether expert reviews of similar wines are coherent. Design/methodology/approach. Sentiment analysis based on natural language processing techniques was used to compare quantitative and qualitative reviews between experts. In addition, a finite mixture model was used to classify wines into categories to analyse internal consistency between ratings. Findings. The results for a sample of more than 200,000 Wine Enthusiast ratings reveal significant differences between expert reviews. This finding indicates that there are no standard criteria for reviewing wines included in the guide. Originality. Wine guides are amongst the most widely used marketing resources in the wine industry. They provide a signal to consumers about the quality of wines, guiding their purchase decisions. They also influence the reputation of brands and the performance of companies producing these wines. The main contribution of this study is to propose a new way to compare the reviews of wine guide experts.

Language
Englisch

Bibliographic citation
Journal: Wine Economics and Policy ; ISSN: 2212-9774 ; Volume: 11 ; Year: 2022 ; Issue: 2 ; Pages: 51-60

Classification
Wirtschaft
Subject
reputation
wine
experts ratings
sentiment analysis
finite mixture model
wine guides

Event
Geistige Schöpfung
(who)
Penagos-Londoño, Gabriel I.
Ruiz-Moreno, Felipe
Sellers Rubio, Ricardo
del Barrio-García, Salvador
Casado-Díaz, Ana B.
Event
Veröffentlichung
(who)
Firenze University Press
(where)
Florence
(when)
2022

DOI
doi:10.36253/wep-12400
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Penagos-Londoño, Gabriel I.
  • Ruiz-Moreno, Felipe
  • Sellers Rubio, Ricardo
  • del Barrio-García, Salvador
  • Casado-Díaz, Ana B.
  • Firenze University Press

Time of origin

  • 2022

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