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organic wines benefit from a price premium. In this paper a hedonic price function has been estimated for Piedmont organic and … ; Piedmont …
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whether they benefit from a price premium. We estimate hedonic price functions for Piedmont organic and conventional wines. We …
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Consumers often struggle to make their choice in the highly diversified wine market. With wine being an experience good, consumers must rely on extrinsic characteristics, e.g., information on the label. Thus, easily available quality signals like consumer ratings have become an increasingly...
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Although hundreds of thousands of organic products are traded on a daily basis, it is less known how imported organic products are evaluated by consumers in an importing country. The paper analyzes Japanese wine point of sale (POS) data to examine whether consumers differentiate between local...
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