Do good things come in small packages? Willingness to pay for pomegranate wine and bottle size effects.

Συγγραφείς:
Drichoutis, A.
Klonaris, S.
Papoutsi, G.
Τύπος: Journal Article
Τίτλος Περιοδικού: Journal of Wine Economics
'Ετος δημοσίευσης: 2017
Θέμα:
Economical models
products
agricultural policies
agricultural economics
Περιγραφή:

We evaluate the claim that bottle size formats signal quality changes, using a controlled laboratory experiment where we simultaneously auctioned two different sweet wines: a pomegranate wine and a grape wine. We varied on a between subjects basis the size of the bottle, from 500ml to 750ml, but kept the wine content of the bottle constant across bottle size formats. We also explored in a within subjects design the effect of expectations for the wines, blind tasting and information on willingness to pay. For the grape wine we find evidence consistent with diminishing marginal utility while for the pomegranate wine we find a premium for the smaller bottle size which is consistent with changes in perceived quality of the wine. We also find that information is adequate in offsetting the negative effect from the tasting treatment.

 

Σχετικοί Πόροι

The Cyprus sheep and goat sector: Results from the DoMEsTIc project on economics, policies and social aspects.

File: 
Provider: 
Subject: 
Economical models
products
animal products
policies
agricultural policies
socioeconomic development
economics
agricultural economics
rural economics
farms

Assessing Organic Cherry Farmers’ Strategies under Different Policy Options.

Provider: 
Subject: 
Economical models
products
agricultural products
plant products
policies
agricultural policies
legislation
agricultural economics
Collected from: 

The role of sheep and goat breeds’ value chains in the rural development in the Mediterranean Region

Provider: 
Subject: 
products
animal products
agricultural policies
agricultural development
agricultural economics

Rapid growth of selected Asian economies. Lessons and implications for agriculture and food security: Republic of Korea, Thailand and Viet Nam

Provider: 
Subject: 
agriculture
agricultural economics
agricultural policies
agricultural development
Collected from: 

Medium-term perspectives 2000-2005

Provider: 
Subject: 
agricultural development
agricultural policies
agricultural products
agricultural economics
trade
Collected from: 

Αειφορία: Μια νέα οπτική για τους αγρότες

Subject: 
agricultural policies
agricultural economics
sustainable agriculture

AGRERI Library

The Cyprus sheep and goat sector: Results from the DoMEsTIc project on economics, policies and social aspects.

File: 
Provider: 
Subject: 
Economical models
products
animal products
policies
agricultural policies
socioeconomic development
economics
agricultural economics
rural economics
farms

Assessing Organic Cherry Farmers’ Strategies under Different Policy Options.

Provider: 
Subject: 
Economical models
products
agricultural products
plant products
policies
agricultural policies
legislation
agricultural economics
Collected from: 

The role of sheep and goat breeds’ value chains in the rural development in the Mediterranean Region

Provider: 
Subject: 
products
animal products
agricultural policies
agricultural development
agricultural economics

External Library

Rapid growth of selected Asian economies. Lessons and implications for agriculture and food security: Republic of Korea, Thailand and Viet Nam

Provider: 
Subject: 
agriculture
agricultural economics
agricultural policies
agricultural development
Collected from: 

Medium-term perspectives 2000-2005

Provider: 
Subject: 
agricultural development
agricultural policies
agricultural products
agricultural economics
trade
Collected from: 

Αειφορία: Μια νέα οπτική για τους αγρότες

Subject: 
agricultural policies
agricultural economics
sustainable agriculture