{"id":"https://openalex.org/W1973740468","doi":"https://doi.org/10.1108/eb008774","title":"A Comparative Study of Wine Auction Prices: Mouton Rothschild Premier Cru Class\u00e9","display_name":"A Comparative Study of Wine Auction Prices: Mouton Rothschild Premier Cru Class\u00e9","publication_year":2004,"publication_date":"2004-02-01","ids":{"openalex":"https://openalex.org/W1973740468","doi":"https://doi.org/10.1108/eb008774","mag":"1973740468"},"language":"en","primary_location":{"id":"doi:10.1108/eb008774","doi":"https://doi.org/10.1108/eb008774","is_oa":false,"landing_page_url":"https://doi.org/10.1108/eb008774","pdf_url":null,"source":{"id":"https://openalex.org/S129623883","display_name":"International Journal of Wine Marketing","issn_l":"0954-7541","issn":["0954-7541","1758-6747"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Wine Marketing","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://pure.au.dk/portal/en/publications/a3a562f0-be5a-11da-ad69-000ea68e967b","any_repository_has_fulltext":null},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5004809661","display_name":"Jan Bentzen","orcid":"https://orcid.org/0000-0002-1477-7799","observed_orcids":["https://orcid.org/0000-0002-1477-7799"]},"institutions":[{"id":"https://openalex.org/I204337017","display_name":"Aarhus University","ror":"https://ror.org/01aj84f44","country_code":"DK","type":"education","lineage":["https://openalex.org/I204337017"]}],"countries":["DK"],"is_corresponding":false,"raw_author_name":"Jan Bentzen","raw_affiliation_strings":["Department of Economics, Aarhus School of Business, Prismet, Silkeborgvej 2, DK\u20108000 Aarhus C. Denmark"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, Aarhus School of Business, Prismet, Silkeborgvej 2, DK\u20108000 Aarhus C. Denmark","institution_ids":["https://openalex.org/I204337017"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5060484433","display_name":"Valdemar Smith","orcid":"https://orcid.org/0000-0003-3779-7677","observed_orcids":["https://orcid.org/0000-0003-3779-7677"]},"institutions":[{"id":"https://openalex.org/I204337017","display_name":"Aarhus University","ror":"https://ror.org/01aj84f44","country_code":"DK","type":"education","lineage":["https://openalex.org/I204337017"]}],"countries":["DK"],"is_corresponding":false,"raw_author_name":"Valdemar Smith","raw_affiliation_strings":["Department of Economics, Aarhus School of Business, Prismet, Silkeborgvej 2, DK\u20108000 Aarhus C. Denmark"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, Aarhus School of Business, Prismet, Silkeborgvej 2, DK\u20108000 Aarhus C. Denmark","institution_ids":["https://openalex.org/I204337017"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I204337017"],"apc_list":null,"apc_paid":null,"fwci":27.4627,"has_fulltext":false,"cited_by_count":10,"citation_normalized_percentile":{"value":0.99005588,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":93},"biblio":{"volume":"16","issue":"2","first_page":"74","last_page":"90"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T13342","display_name":"Art History and Market Analysis","score":0.861299991607666,"subfield":{"id":"https://openalex.org/subfields/1213","display_name":"Visual Arts and Performing Arts"},"field":{"id":"https://openalex.org/fields/12","display_name":"Arts and Humanities"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T13342","display_name":"Art History and Market Analysis","score":0.861299991607666,"subfield":{"id":"https://openalex.org/subfields/1213","display_name":"Visual Arts and Performing Arts"},"field":{"id":"https://openalex.org/fields/12","display_name":"Arts and Humanities"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12399","display_name":"Wine Industry and Tourism","score":0.13269999623298645,"subfield":{"id":"https://openalex.org/subfields/1409","display_name":"Tourism, Leisure and Hospitality Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.0032999999821186066,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/wine-auctions","display_name":"wine auctions","score":0.746999979019165},{"id":"https://openalex.org/keywords/bordeaux-wine","display_name":"Bordeaux wine","score":0.6809999942779541},{"id":"https://openalex.org/keywords/business-cycle-indicators","display_name":"business cycle indicators","score":0.7570000290870667}],"concepts":[{"id":"https://openalex.org/C2781350838","wikidata":"https://www.wikidata.org/wiki/Q2200026","display_name":"Rothschild","level":2,"score":0.8366944193840027},{"id":"https://openalex.org/C163239763","wikidata":"https://www.wikidata.org/wiki/Q5153637","display_name":"Common value auction","level":2,"score":0.7638242244720459},{"id":"https://openalex.org/C55952523","wikidata":"https://www.wikidata.org/wiki/Q3014419","display_name":"Wine","level":2,"score":0.6669888496398926},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5134459733963013},{"id":"https://openalex.org/C160467669","wikidata":"https://www.wikidata.org/wiki/Q505772","display_name":"Cru","level":3,"score":0.4644162058830261},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.4388032853603363},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.34933850169181824},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.2806841731071472},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.15848267078399658},{"id":"https://openalex.org/C142362112","wikidata":"https://www.wikidata.org/wiki/Q735","display_name":"Art","level":0,"score":0.11651718616485596},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.08866998553276062},{"id":"https://openalex.org/C153294291","wikidata":"https://www.wikidata.org/wiki/Q25261","display_name":"Meteorology","level":1,"score":0.0},{"id":"https://openalex.org/C153349607","wikidata":"https://www.wikidata.org/wiki/Q36649","display_name":"Visual arts","level":1,"score":0.0},{"id":"https://openalex.org/C107054158","wikidata":"https://www.wikidata.org/wiki/Q25257","display_name":"Precipitation","level":2,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0}],"mesh":[],"locations_count":8,"locations":[{"id":"doi:10.1108/eb008774","doi":"https://doi.org/10.1108/eb008774","is_oa":false,"landing_page_url":"https://doi.org/10.1108/eb008774","pdf_url":null,"source":{"id":"https://openalex.org/S129623883","display_name":"International Journal of Wine Marketing","issn_l":"0954-7541","issn":["0954-7541","1758-6747"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Wine Marketing","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:hhs:aareco:2003_022","doi":null,"is_oa":false,"landing_page_url":"http://www.hba.dk/fsk/pdfs/0003155.pdf","pdf_url":"http://www.hba.dk/fsk/pdfs/0003155.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.184.8457","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.184.8457","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.vdqs.net/Working_Papers/Text/WP_2003/Bentzen_Smith.pdf","raw_type":"text"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.199.3203","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.199.3203","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.vdqs.fed-eco.com/documents/2003Buda/papiers/bentzen.pdf","raw_type":"text"},{"id":"mag:3124984440","doi":null,"is_oa":false,"landing_page_url":"https://EconPapers.repec.org/RePEc:hhs:aareco:2003_022","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"pmh:oai:pure.atira.dk:openaire/a3a562f0-be5a-11da-ad69-000ea68e967b","doi":null,"is_oa":true,"landing_page_url":"https://pure.au.dk/portal/en/publications/a3a562f0-be5a-11da-ad69-000ea68e967b","pdf_url":null,"source":null,"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Bentzen, J B & Smith, V 2003 'A Comparative Study of Wine Auction Prices - Mouton Rothschild Premier Cru Class\u00e9'.","raw_type":"info:eu-repo/semantics/workingPaper"},{"id":"pmh:oai:pure.atira.dk:publications/17e4c520-24ff-11da-834f-000ea68e967b","doi":null,"is_oa":false,"landing_page_url":"https://pure.au.dk/portal/en/publications/17e4c520-24ff-11da-834f-000ea68e967b","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Bentzen, J B & Smith, V 2003, 'A Comparative Study of Wine Auction Prices: Mouton Rothschild Premier Cru Class\u00e9', Paper presented at Oenometrics IX, Budapest, May, 18/12/2010.","raw_type":"info:eu-repo/semantics/conferenceObject"},{"id":"pmh:oai:pure.atira.dk:publications/a77385b0-24fe-11da-834f-000ea68e967b","doi":null,"is_oa":false,"landing_page_url":"https://pure.au.dk/portal/en/publications/a77385b0-24fe-11da-834f-000ea68e967b","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Bentzen, J B & Smith, V 2004, 'A Comparative Study of Wine Auction Prices: Mouton Rothschild Premier Cru Class\u00e9', International Journal of Wine Business Research, vol. 16, no. 2, pp. 74-90.","raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":{"id":"pmh:oai:pure.atira.dk:openaire/a3a562f0-be5a-11da-ad69-000ea68e967b","doi":null,"is_oa":true,"landing_page_url":"https://pure.au.dk/portal/en/publications/a3a562f0-be5a-11da-ad69-000ea68e967b","pdf_url":null,"source":null,"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Bentzen, J B & Smith, V 2003 'A Comparative Study of Wine Auction Prices - Mouton Rothschild Premier Cru Class\u00e9'.","raw_type":"info:eu-repo/semantics/workingPaper"},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":10,"referenced_works":["https://openalex.org/W1481945423","https://openalex.org/W1539197964","https://openalex.org/W1573917185","https://openalex.org/W1601321856","https://openalex.org/W1604709653","https://openalex.org/W2021447755","https://openalex.org/W2078145962","https://openalex.org/W2093058353","https://openalex.org/W2119697847","https://openalex.org/W4233857438"],"related_works":["https://openalex.org/W1604709653","https://openalex.org/W2767338602","https://openalex.org/W2119697847","https://openalex.org/W2261028937","https://openalex.org/W4232855474","https://openalex.org/W2901367641","https://openalex.org/W1497581939","https://openalex.org/W3123332975","https://openalex.org/W2096315129","https://openalex.org/W4319877374"],"abstract_inverted_index":{"Auctions":[0],"of":[1,75,114,134],"selected":[2,44,140],"wines":[3,19,24],"have":[4,14,50],"regularly":[5],"taken":[6],"place":[7],"internationally":[8],"and":[9,66,125,139],"from":[10,25,53,67],"natural":[11],"reasons":[12],"they":[13],"mostly":[15],"involved":[16],"the":[17,22,35,54,111,115,122,126],"finest":[18],"as":[20,70],"e.g.":[21,93],"top":[23],"Bordeaux.":[26],"In":[27],"order":[28],"to":[29,82,98,102],"analyse":[30],"specific":[31,77],"auction":[32,48,112,123],"wine":[33,79,137],"prices,":[34],"Mouton":[36,116],"Rothschild":[37,117],"(Medoc":[38],"Premier":[39],"Cru":[40],"Class\u00e9)":[41],"has":[42],"been":[43,51],"for":[45],"investigation,":[46],"where":[47],"data":[49],"collected":[52],"USA":[55],"(The":[56],"Chicago":[57],"Wine":[58],"Company),":[59],"Denmark":[60],"(Bruun":[61],"Rasmussen,":[62],"Selected":[63],"Wines":[64],"Auctions)":[65],"other":[68],"sources":[69],"well.":[71],"The":[72,106],"price":[73],"development":[74],"this":[76],"icon":[78,94],"is":[80],"expected":[81],"be":[83,99],"influenced":[84],"by":[85],"many":[86],"factors,":[87],"although":[88],"theoretically,":[89],"investment":[90],"decisions":[91],"concerning":[92],"wines,":[95],"ought":[96],"not":[97],"highly":[100],"sensitive":[101],"short\u2010run":[103],"business":[104,141],"conditions.":[105],"empirical":[107],"findings":[108],"exhibit":[109],"that":[110],"prices":[113,138],"differ":[118],"relatively":[119],"much":[120],"between":[121,136],"houses,":[124],"time":[127],"series":[128],"analysis":[129],"reveals":[130],"only":[131],"weak":[132],"evidence":[133],"co\u2010movements":[135],"cycle":[142],"indicators.":[143]},"counts_by_year":[{"year":2021,"cited_by_count":1}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}