Hedonic Wine Price Functions and Measurement Error

By E. Oczkowski. 2001

263 citations recorded by the source corpus.

Subfields: Plant Science, Tourism, Leisure and Hospitality Management

View Paper: https://www.semanticscholar.org/paper/8cbe7481aad8850fc1194513922b527ef018bd13

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Citations in the corpus

Wine Prices and Quality Ratings: A Meta-regression Analysis (2014, methodology): “In nine of the 22 (41%) models that included both sensory quality and wine reputation variables, quality was found to be statistically insignificant and practically far less important than wine reputation (see Landon and Smith 1997; Oczkowski 2001; and Benfratello, Piacenza, and Sacchetto 2009).”
Geography versus brands in a global wine market (2006, background): “significant reputation effects but insignificant quality effects (Oczkowski, 2001).”
Using simulations from discrete choice experiments to measure consumer sensitivity to brand, region, price, and awards in wine choice (2006, background): “Accumulated theoretical and empirical evidence suggests that wine prices depend on quality, reputation and objective characteristics (Oczkowski, 2001).”
The Pricing of Experience Goods: The Example of en primeur Wine (2007, unknown): “In hedonic studies of wine, quality grades given by experts are the most common measure of wine quality, see Oczkowski (1994, 2001), Jones and Storchmann (2001), Schamel and Anderson (2003), or Lecocq and Visser (2006) for a review.”
What Determines Wine Prices: Objective vs. Sensory Characteristics* (2006, background): “Finally, Oczkowski (2001) estimates a hedonic equation for Australian wines and considers the effects of some objective characteristics (red wine or not, old vintage or not), a quality index (a score assigned to the wine based on the International Show Judging System that allocates 50 percent of…”
Wine Quality and Varietal, Regional and Winery Reputations: Hedonic Prices for Australia and New Zealand (2003, unknown): “The final section summarizes what has been learnt and suggests areas for further research.”
Are Market Orientation and Learning Orientation Necessary for Superior Organizational Performance? (2002, unknown): “…the 2SLS estimator is particularly attractive as it easily permits diagnostic testing for assumptions such as adequacy of scale items (instruments), model specification error, heteroscedasticity and non-nested model alternatives, see Bollen (1996), Pesaran and Taylor (1999) and Oczkowski (2001).”
Market Orientation, learning orientation and organisational performance in international joint ventures (2008, background): “, 2005); politics (deFigueiredo and Elkins, 2003); sociology (Regoeczi, 2002); economics (Oczkowski, 2001); and human resource management (Smith et al.”
Taste or reputation: what drives market prices in the wine industry? Estimation of a hedonic model for Italian premium wines (2009, background): “…on a balanced panel of 151 wines for the 1989 and 1990 vintages (Landon and Smith, 1998).4 Subsequent applications to Australian premium wines by Oczkowski (2001) and to premium wines from North America, Australia, South Africa and Chile by Schamel (2000) support the presence of significant…”
Eco-Labeling Strategies and Price-Premium (2014, unknown): “Oczkowski (1994, 2001) determines the relationship of reputation to the price of premium wine controlling for varietal, vintage, region, and a professional quality metric.”