Heterogeneous buyer preferences behind rejecting the law of one price in the fine wines market
通过两步特征价格法，研究发现买家偏好的异质性部分解释了波尔多和勃艮第精品葡萄酒市场中一价定律的失效，买家特征对价格有显著影响。
Developing a second hedonic step, we show that the heterogeneity of agents' preferences partly explains the rejection of the law of one price in the Bordeaux and Burgundy fine wines. A significant effect of buyer profiles appears on the price.