Drescher, Larissa; Thiele, Silke; Weiss, Christoph R. - In: Economics Letters 101 (2008) 1, pp. 66-68
This paper derives a hedonic price function for a household's consumption bundle. In a panel-data analysis for households' expenditures on 182 different soft drinks we find that consumers have a preference for variety in food consumption, ceteris paribus.