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This study fills a void in the literature by providing the first evaluation of the impact of consumer ratings on beer prices using hedonic methods. Our work is based on a dataset consisting of over 400 beers and includes information on calorie content, alcohol content, user rating, and style for...
Persistent link: https://www.econbiz.de/10011850178
Based on the model of consumers' variety-seeking behavior introduced by Anderson et al. (1992), this paper derives a hedonic price function for a households' consumption bundle. The price a consumer pays for her consumption bundle reflects the values of the underlying attributes of goods...
Persistent link: https://www.econbiz.de/10009483583
Concerns about global warming and growing scarcity of fossil fuels require substantial changes in energy consumption patterns and energy systems, as targeted by many countries around the world. One key element to achieve such transformation is to increase energy efficiency of the housing stock....
Persistent link: https://www.econbiz.de/10012200436
Rigid price setting and high organic price premiums have been perceived as major purchase barriers to organic meat products. While emerging price and product differentiation have been reported for organic products in other categories, empirical evidence for the organic fresh meat market is...
Persistent link: https://www.econbiz.de/10013368832
This article presents an international comparison of the main determinants of wine prices in specialist online wine shops. Hedonic price functions were estimated for 9624 wines spread among four datasets from France, Italy, Germany and Australia. To explain price variation data was collected on...
Persistent link: https://www.econbiz.de/10014485164
Using Dortmund as a case study we analyse whether rents and housing prices responded to local demographic change in a German city between 2007 and 2016. In a two-step analysis based on a spatial autoregressive hedonic pricing model and a discrete choice model of housing location we find that...
Persistent link: https://www.econbiz.de/10014497612
Die Kennzeichnung von Lebensmitteln ist zu einem viel diskutierten Element der Ernährungs- und Verbraucherpolitik geworden. Dabei existiert eine große Vielfalt von Labels, die auf sehr verschiedene Eigenschaften der Lebensmittel ausgerichtet und mit unterschiedlichsten Instrumenten der...
Persistent link: https://www.econbiz.de/10010378052
Die Energieeffizienz von Immobilien gilt als zentraler Baustein der Energiewende. Obwohl seit einigen Jahren große Anstrengungen unternommen werden, Energieeffizienzinvestitionen zu steigern, verharrt die Sanierungsquote auf konstantem Niveau. Ein Grund für ausbleibende Investitionen ist das...
Persistent link: https://www.econbiz.de/10011506029