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We estimate hedonic price functions for premium wine from Australia and New Zealand, differentiating implicit prices … for sensory quality ratings, wine varieties and regional as well as winery brand reputations over the vintages 1992 … Halliday's winery ratings and classic wine designations, are highly significant …
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Evidence suggests that consumers seek to become more expert about hedonic products to enhance their enjoyment of future consumption occasions. Current approaches to becoming expert center on cultivating an analytic mindset. In the present research the authors explore the benefit to enthusiasts...
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of this wine is exported worldwide, we look at international markets. We gauge this influence by estimating a hedonic … price model based on a sample of 2315 Italian still wines reviewed in Robert Parker's Wine Advocate. The work expands … impacts of ageing on wine prices according to the different grape varieties utilized. Results show that, besides the well …
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Consumers often struggle to make their choice in the highly diversified wine market. With wine being an experience good … consumer ratings have become an increasingly useful and widespread tool. Vivino is one of the largest online wine communities … established wine expert ratings are being challenged. This study analyzes data from Vivino to explore factors affecting consumer …
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