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 …

example we use the demand for beer and wine. The paper shows quite distinct patterns regarding price and income effects for …

How do judgment devices influence price formation? We investigate this question through a study of the German wine … market. The German wine market is characterized by the simultaneous existence of two classification systems: the official … wineries in the German wine-growing regions of Rheingau and Rheinhessen. Our results show that the two classification systems …

different types of drinkers. Mincerian estimates reveal significant and positive relationships between wine drinkers and wages … variables, which speaks in favor of OLS regressions. When splitting the sample into age groups, the "wine gain" disappears for …

restaurant sector, we find that people’s misperceptions can have significant negative effects. The contraction this sector …