Showing 1 - 10 of 45,863
The wine industry has faced various environmental and social challenges. On the demand side, consumer demand for … sustainable wines has been increasing but, to date, it is unknown whether consumers perceive wine companies' efforts to obtain …, sustainable wine production is increasing but producers report a lack of information to engage and select their SD strategy. This …
Persistent link: https://www.econbiz.de/10012814235
This study analyzes consumer preferences for wine in Prishtina, Kosovo - a transition country in the Balkans, which is … making efforts to withstand to the competition pressure from the traditional neighboring wine producing countries. With the … wine consumer preferences based on wine type (white vs. red), origin (domestic vs. imported), taste (sweet vs. dry) and …
Persistent link: https://www.econbiz.de/10012291668
This study explored the view that distributors have towards the most valued wine attributes by consumers in the US … consumer studies' findings, especially for the influence of medals/awards, the origin of the wine, grape variety, and price … experience of wine distributors generates valuable information through a smaller sample at a lower cost than through applying …
Persistent link: https://www.econbiz.de/10013268119
dealcoholization intensity information on the label. The analysis assumes dealcoholized wine is an imperfect substitute for traditional … wines. Dealcoholization level, price, and other wine attributes are simultaneously evaluated by drawing on choice …-modeling techniques. The results suggest that alcohol content of wine positively influences consumers' preferences and that …
Persistent link: https://www.econbiz.de/10011867934
The general decline in per capita consumption of wine worldwide over recent decades reveals the need to apply effective … marketing strategies to capture segments of the population, such as young people or women, who tend to consume wine sporadically … and in small amounts, even among traditional wine-producing countries. However, until now these strategies have been …
Persistent link: https://www.econbiz.de/10012020250
"The widely-used estimator of Berry, Levinsohn and Pakes (1995) produces estimates of consumer preferences from a discrete-choice demand model with random coefficients, market-level demand shocks and endogenous prices. We derive numerical theory results characterizing the properties of the...
Persistent link: https://www.econbiz.de/10003848917
We propose a formal description of individual preferences that captures a subsistence requirement in consumption in an otherwise standard constant-elasticity-ofsubstitution (CES) utility specification. We study how substitutability between the subsistence good and another good depends on the...
Persistent link: https://www.econbiz.de/10010226109
I incorporate expectations-based reference-dependent preferences into a dynamic stochastic model to explain three major life-cycle consumption facts; the intuitions behind these three implications constitute novel connections between recent advances in behavioral economics and prominent ideas in...
Persistent link: https://www.econbiz.de/10013081658
The widely-used estimator of Berry, Levinsohn and Pakes (1995) produces estimates of consumer preferences from a discrete-choice demand model with random coefficients, market-level demand shocks and endogenous prices. We derive numerical theory results characterizing the properties of the nested...
Persistent link: https://www.econbiz.de/10013159520
This paper analyzes sin goods consumption when individuals exhibit present-focused preferences. It considers three types of present focus: present-bias with varying degrees of naiveté, Gul-Pesendorfer preferences, and a dual-self approach. We investigate the incentives to deviate from healthy...
Persistent link: https://www.econbiz.de/10012836009