Davis, Calif.-- A mini-symposium presented by the Robert Mondavi Institute's Center for Wine Economics at the University of California, Davis on Oct. 12 examined boom and bust cycles in the world wine industry and addressed emerging opportunities and challenges. Themes from the event, which featured three speakers and audience participation, included the need for longer-term planning and research for better decision-making by industry executives, and larger, industry-wide concerns such as supply and demand, climate change and resource and water issues.