Costanigro, Marco; McCluskey, Jill J.; Mittelhammer, Ron C. - In: Journal of Agricultural Economics 58 (2007) 3, pp. 454-466
Many economists have estimated hedonic price functions for red and white wine. However, estimating a single hedonic price function imposes the assumption that the implicit prices of the attributes are the same for any red or white wine. We argue that even within these two categories, wines are...