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We develop a hedonic pricing model for German quality wine. Quality indicators for 4,141 wines are sensory awards received at the annual German wine competition and the legally required quality category as well as a set of control variables including regional origin, color, style, and their age...
Persistent link: https://www.econbiz.de/10008800968
Studies which analyze price-quality relations in the consumer goods market are mainly more than ten years old and deal marginally with food products. In this survey, the sceptical findings are confirmed with a special focus on the food market. The results show that food quality, risk avoidance...
Persistent link: https://www.econbiz.de/10008800971
In this paper we present the results of a contingent valuation study and an experimental approach to estimating the willingness to pay for fresh milk produced in the consumer's own region. In contrast to the fictitious contingent valuation study, responses in the experimental investigation are...
Persistent link: https://www.econbiz.de/10008802668
According to several surveys organic products widely meet consumers demand, but the corresponding market share in Germany is less than 2,5 %. Missing confidence in the authenticity of organic products, high prices compared to other foods, a low density of distribution, and a lack of a uniform...
Persistent link: https://www.econbiz.de/10008802738
This article presents a study about the symbolic significance of shopping in the organic store. The data are based on autobiographic reports and analyzed using grounded theory. The result is a concept with finding of identity and well-being as the main categories. According to these categories,...
Persistent link: https://www.econbiz.de/10008802762
achieved by either niche marketing of agricultural products or by environmental payments, which are paid by either the … an opportunity to exploit niche marketing, are discussed. Consumers generally have much less interest in the use of … of farming in LFAs is necessary to grant farmers income, but structural support (e. g. in marketing products under …
Persistent link: https://www.econbiz.de/10008802763
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