Abstract
AbstractThis is the story of the Princeton Wine Group, a group whose membership has been relatively constant for almost 40 years. This group has enjoyed 244 blind tastings involving 1,708 different wines. A statistical analysis was performed at each tasting examining whether participants ranked the quality of wines similarly and whether the preferences of the group were correlated with several variables including professional wine ratings and the prices of the wine. The article concludes with a discussion of lessons learned from a lifetime of wine tastings.
Publisher
Cambridge University Press (CUP)
Reference9 articles.
1. Ashenfelter, O. , and Quandt, R. E. (1999). Analyzing a wine tasting statistically. Available at http://www.liquidasset.com/tasting.html (accessed January 28, 2024 ). Also, in Chance, 12(3), 16–20.
2. Taber, G. M. (1976). Modern Living: Judgment of Paris. Time Magazine , June 7, 1976 . Available at https://content.time.com/time/subscriber/article/0,33009,947719,00.html (accessed January 28, 2024 ).
3. Predicting the quality and prices of Bordeaux wine;Ashenfelter;The Economic Journal,2008
4. On wine bullshit: Some new software?;Quandt;Journal of Wine Economics,2007
5. Debunking critics' wine words: Can amateurs distinguish the smell of asphalt from the taste of cherries?;Weil;Journal of Wine Economics,2007