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example we use the demand for beer and wine. The paper shows quite distinct patterns regarding price and income effects for …
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When buying wine, consumers often need to infer unobservable characteristics of the wines that are available. Product … scarcity in the store can signal that the quality of a wine is high, either because the product is deemed exclusive (when … specific wine increases consumer choice for this wine, and when it does not. Specifically, two experiments show that scarcity …
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product quality. We use data from three leading wine rating publications (Wine Advocate, Wine Enthusiast, and Wine Spectator …-certification is associated with a statistically significant increase in wine quality rating …
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, search cost for quality information within a given store, and search cost for comparing across two competing electronic wine …
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is received, affects how the good is experienced. The good in question was wine, and the price was either high or low …. Our results suggest that hosts offering wine to guests can safely reveal the price: much is gained if the wine is … expensive, and little is lost if it is cheap. Disclosing the high price before tasting the wine produces considerably higher …
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, clients and anthropologist as a particular kind of ‘equivocation’. A wine branding research case is given as an example. …
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Both the German and the Hungarian wine markets belong to the "old world" European winemaking heritage and each have … economic circumstances greatly influenced the development of these wine markets. This paper, based on a representative survey … differences between German and Hungarian wine consumers in not only wine preferences but also in the use of sales channels. The …
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