Tuesday, 5 October 2010

If you will insist on not drinking wine, at least buy the Rhône

Trust academia to trespass even on bacchanalian pleasures.


This paper uses auction hammer prices over the period 1996-2009, with a special emphasis on periods of economic downturns, to examine risk, return and diversification benefits of fine wine. Our research shows evidence that the wine market is heterogeneous...

...dadidadida. Cutting to the chase:

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