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On Judging Art and Wine

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  • Victor Ginsburgh

Abstract

In this chapter, I show that evaluating wine is very close to evaluating art, but that the gradings or rankings that follow often result in bullshit, within the meaning given to it by philosopher Harry Frankfurt (2005).

Suggested Citation

  • Victor Ginsburgh, 2016. "On Judging Art and Wine," Working Papers ECARES ECARES 2016-21, ULB -- Universite Libre de Bruxelles.
    • Handle: RePEc:eca:wpaper:2013/229780
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    References listed on IDEAS

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    1. Hodgson, Robert T., 2009. "An Analysis of the Concordance Among 13 U.S. Wine Competitions," Journal of Wine Economics, Cambridge University Press, vol. 4(1), pages 1-9, April.
    2. V. Ginsburgh & Sheila Weyers, 2014. "Nominees, winners, and losers," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 38(4), pages 291-313, November.
    3. Goodwin, Craufurd, 2006. "Art and Culture in the History of Economic Thought," Handbook of the Economics of Art and Culture, in: V.A. Ginsburgh & D. Throsby (ed.), Handbook of the Economics of Art and Culture, edition 1, volume 1, chapter 2, pages 25-68, Elsevier.
    4. Victor A. Ginsburgh & Jan C. van Ours, 2003. "Expert Opinion and Compensation: Evidence from a Musical Competition," American Economic Review, American Economic Association, vol. 93(1), pages 289-296, March.
    5. Ginsburgh, Victor & Zang, Israel, 2003. "The museum pass game and its value," Games and Economic Behavior, Elsevier, vol. 43(2), pages 322-325, May.
    6. Hodgson, Robert T., 2009. "How Expert are “Expert†Wine Judges?," Journal of Wine Economics, Cambridge University Press, vol. 4(2), pages 233-241, January.
    7. Victor Ginsburgh & David Throsby, 2006. "Handbook of the economics of art and culture," ULB Institutional Repository 2013/1673, ULB -- Universite Libre de Bruxelles.
    8. Ginsburgh, Victor & Zang, Israël, 2012. "Shapley Ranking of Wines," Journal of Wine Economics, Cambridge University Press, vol. 7(2), pages 169-180, November.
    9. Storchmann, Karl, 2012. "Wine Economics," Journal of Wine Economics, Cambridge University Press, vol. 7(1), pages 1-33, May.
    10. Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74, pages 132-132.
    11. Borges, José & Real, António C. & Cabral, J. Sarsfield & Jones, Gregory V., 2012. "A New Method to Obtain a Consensus Ranking of a Region's Vintages’ Quality," Journal of Wine Economics, Cambridge University Press, vol. 7(1), pages 88-107, May.
    12. Hodgson, Robert & Cao, Jing, 2014. "Criteria for Accrediting Expert Wine Judges," Journal of Wine Economics, Cambridge University Press, vol. 9(1), pages 62-74, May.
    13. Ashton, Robert H., 2011. "Improving Experts' Wine Quality Judgments: Two Heads Are Better than One," Journal of Wine Economics, Cambridge University Press, vol. 6(2), pages 160-178, October.
    14. Hodgson, Robert T., 2008. "An Examination of Judge Reliability at a major U.S. Wine Competition," Journal of Wine Economics, Cambridge University Press, vol. 3(2), pages 105-113, January.
    15. Victor Ginsburgh & Sheila Weyers, 2010. "On the formation of canons :The dynamics of narratives in art history," ULB Institutional Repository 2013/151575, ULB -- Universite Libre de Bruxelles.
    16. Cardebat, Jean-Marie & Figuet, Jean-Marc & Paroissien, Emmanuel, 2014. "Expert Opinion and Bordeaux Wine Prices: An Attempt to Correct Biases in Subjective Judgments," Journal of Wine Economics, Cambridge University Press, vol. 9(3), pages 282-303, December.
    17. Weil, Roman L., 2007. "Debunking Critics' Wine Words: Can Amateurs Distinguish the Smell of Asphalt from the Taste of Cherries?," Journal of Wine Economics, Cambridge University Press, vol. 2(2), pages 136-144, October.
    18. Quandt, Richard E., 2006. "Measurement and Inference in Wine Tasting," Journal of Wine Economics, Cambridge University Press, vol. 1(1), pages 7-30, April.
    19. Victor Ginsburgh, 2003. "Awards, Success and Aesthetic Quality in the Arts," Journal of Economic Perspectives, American Economic Association, vol. 17(2), pages 99-111, Spring.
    20. Cicchetti, Domenic V., 2009. "A Proposed System for Awarding Medals at a Major U.S. Wine Competition," Journal of Wine Economics, Cambridge University Press, vol. 4(2), pages 242-247, January.
    21. Hutter, Michael & Shusterman, Richard, 2006. "Value and the Valuation of Art in Economic and Aesthetic Theory," Handbook of the Economics of Art and Culture, in: V.A. Ginsburgh & D. Throsby (ed.), Handbook of the Economics of Art and Culture, edition 1, volume 1, chapter 6, pages 169-208, Elsevier.
    22. Ashton, Robert H., 2012. "Reliability and Consensus of Experienced Wine Judges: Expertise Within and Between?," Journal of Wine Economics, Cambridge University Press, vol. 7(1), pages 70-87, May.
    23. Klimmek, Martin, 2013. "On the Information Content of Wine Notes: Some New Algorithms?," Journal of Wine Economics, Cambridge University Press, vol. 8(3), pages 318-334, December.
    24. Ashenfelter, Orley & Jones, Gregory V., 2013. "The Demand for Expert Opinion: Bordeaux Wine," Journal of Wine Economics, Cambridge University Press, vol. 8(3), pages 285-293, December.
    25. Peacock, Alan, 2006. "The Arts and Economic Policy," Handbook of the Economics of Art and Culture, in: V.A. Ginsburgh & D. Throsby (ed.), Handbook of the Economics of Art and Culture, edition 1, volume 1, chapter 32, pages 1123-1140, Elsevier.
    26. Ashton, Robert H., 2013. "Is There Consensus Among Wine Quality Ratings of Prominent Critics? An Empirical Analysis of Red Bordeaux, 2004–2010," Journal of Wine Economics, Cambridge University Press, vol. 8(2), pages 225-234, November.
    27. Quandt, Richard E., 2007. "On Wine Bullshit: Some New Software?," Journal of Wine Economics, Cambridge University Press, vol. 2(2), pages 129-135, October.
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