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 …

attributes of wine, appellations, expert ratings, and wineries. Participants submitted bids each time they received new … valuations, or bids and 944 hedonic “liking” ratings, as well as demographic information, wine consumption data, and a wine … wine by consumers. Participants value Cabernet Sauvignons from Napa Valley and Sonoma County and their sub …

We develop a hedonic pricing model for German quality wine. Quality indicators for 4,141 wines are sensory awards … received at the annual German wine competition and the legally required quality category as well as a set of control variables …

substantial expansion of wine supply has induced a strong product proliferation on the market. It is not only the taste of wines … on the wine bottle, such as origin, grape variety or brands. Additionally, there is a strong trend towards using the … product design, i.e. bottle type or style of the wine label, as an instrument of product differentiation. The objective of …

Rapid New World supply increases are imposing downward pressures on prices for grape and wine producers. A per capita … decrease in wine consumption in the world’s largest wine producers is being offset by consumption increases elsewhere, and … growing consumer preferences for higher quality wines. We use a global wine model to project the world’s wine markets from …