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

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 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

Support for Farmers' Cooperatives-Sector Report Olives

Provider: 
Subject: 
products
agricultural products
agricultural policies
economics
agricultural economics
cooperatives
agribusiness and cooperatives
farming systems
cooperative farming

Future for agriculture in the OECS countries. Rural sector notes

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

Syrian agriculture at the crossroads. Prepared under project GCP/SYR/006/ITA: Assistance for capacity building through enhancing operation of the National Agricultural Policy Center

Provider: 
Subject: 
agriculture
agricultural economics
agricultural policies
plant products
Collected from: 

Institutions, reforms and agricultural performance

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

AGRERI Library

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 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

Support for Farmers' Cooperatives-Sector Report Olives

Provider: 
Subject: 
products
agricultural products
agricultural policies
economics
agricultural economics
cooperatives
agribusiness and cooperatives
farming systems
cooperative farming

External Library

Future for agriculture in the OECS countries. Rural sector notes

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

Syrian agriculture at the crossroads. Prepared under project GCP/SYR/006/ITA: Assistance for capacity building through enhancing operation of the National Agricultural Policy Center

Provider: 
Subject: 
agriculture
agricultural economics
agricultural policies
plant products
Collected from: 

Institutions, reforms and agricultural performance

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