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The outcome of the economic performance of individuals is utilised in the form of consumption and consequent welfare. Despite this truism, there is relatively little information available on household consumption behaviour in Hungary stemming from investigations based on economic theory. The...
Persistent link: https://www.econbiz.de/10010494363
is received, affects how the good is experienced. The good in question was wine, and the price was either high or low …. Our results suggest that hosts offering wine to guests can safely reveal the price: much is gained if the wine is … expensive, and little is lost if it is cheap. Disclosing the high price before tasting the wine produces considerably higher …
Persistent link: https://www.econbiz.de/10010281315
consumers' choices of beer and wine. Two Discrete Choice Experiments were built for wine and beer and two Latent Class choice …' choices for wine and beer are influenced by framing, design and visibility of warnings. In both countries, the acceptance of … warnings is higher for beer than for wine and in both cases consumers show higher utility for a logo on the front label: on the …
Persistent link: https://www.econbiz.de/10014485177
This paper examines consumer preferences for the attributes of alternative sources of water supply in Chennai, based on a household survey where respondents were given the description of a set of options. Their decision to choose one of the options is examined using discrete choice models....
Persistent link: https://www.econbiz.de/10010279042
This study provides an empirical assessment of the competitiveness of Albanian dairy and wine production, based on … aggregated to analyse the competitiveness of the entire production chain for each product group. Overall, the wine sector appears … in an economically more favourable situation than the milk sector. Although there is currently no relevant export of wine …
Persistent link: https://www.econbiz.de/10010299364
Individuals who are unaware of the price do not derive more enjoyment from more expensive wine. In a sample of more … that individuals on average enjoy more expensive wines slightly less. For individuals with wine training, however, we find … of wines and wine recommendations by experts may be poor guides for non-expert wine consumers. …
Persistent link: https://www.econbiz.de/10010281152
A Cournot-Nash oligopoly model is used to study self-regulation of industrial pollution emissions. Consumers have environmental preferences such that demand is decreasing in their knowledge of industrial emissions. Symmetric firms choose output and emission control input levels. Under...
Persistent link: https://www.econbiz.de/10011608332
Persistent link: https://www.econbiz.de/10010306009
In recent years, bioeconomy strategies have been implemented and adapted internationally. In the bioeconomy, materials are to a certain extent circular by nature. However, biomaterials may also be used in a rather linear way. Lately, a transition towards a circular economy, a more restorative...
Persistent link: https://www.econbiz.de/10014323774
With the availability of new techniques to close wine bottles avoiding the risk of “corky” taste the tradition of … closing wine bottles with cork stoppers is on the retreat. As a consequence the Mediterranean cork oak forests with their rich … assess wine consumers' willingness to pay a higher price for wine bottles closed with high-quality cork stoppers instead of …
Persistent link: https://www.econbiz.de/10010299972