wine. A model is proposed in which price is a function of current quality and expected quality, where the latter depends on …The impact on price of current product quality and reputation are estimated using data from the market for Bordeaux … reputation. Equations determining price and expected quality are estimated jointly. The empirical findings show that the price …

We investigate the dynamic relationship between advertising and product quality under duopolistic competition. By using … a simplified vertical product differentiation model with voluntary advertising, we show that the firm with larger market … share has a larger advertising share and that there is a positive relationship between the difference in product quality and …

dependent on long-distance trade, and especially those who had operated as price-takers, to re-orient their export …, especially in acting as ‘price-makers’ engaged in monopolistic competition. That industrial-commercial transformation can be seen … in Italy: principally Tuscany and Lombardy. In so far as warfare and rising transaction costs limited the importation of …

out, by using data about population and commuting flows in the Tuscany Region (Italy). The results show that Tuscany can …

Wine consumers rely mainly on the label to infer the quality of a bottle. But there is little empirical research on how … colours can be interacted with shapes in the design of wine labels. This study draws from an experiment using data from Spain …

Wine consumers rely mainly on the label to infer the quality of a bottle. But there is little empirical research on how … colours can be interacted with shapes in the design of wine labels. This study draws from an experiment using data from Spain …

whether these PMI manufacturer’s price diffusion indices serve as a useful indicator for understanding changes in WPI in India … October 2012. It is found that both the PMI price indices are good indicators and have significant predictive power of the …