World Scientific Reference on Handbook of the Economics of Wine - Couverture rigide

Couverture rigide

ISBN 10 : 9814740578 ISBN 13 : 9789814740579

Editeur : World Scientific Publishing Co Pte Ltd, 2018

Synopsis

Over the last three decades, wine economics has emerged as a growing field within agricultural economics, but also in other fields such as finance, trade, growth, environmental economics and industrial organization. Wine has a few characteristics that differentiate it from other agricultural commodities, rendering it an interesting topic for economists in general. Fine wine can regularly fetch bottle prices that exceed several thousand dollars. It can be stored a long time and may increase in value with age. Fine wine quality and prices are extraordinarily sensitive to fluctuations in the weather of the year in which the grapes were grown. And wine is an experience good, i.e., its quality cannot be ascertained before consumption. As a result, consumers often rely on ""expert opinion"" regarding quality and maturation prospects.

This handbook takes a broad approach and familiarizes the reader with the main research strands in wine economics.

A propos du livre

Présentation de l'éditeur

Over the last three decades, wine economics has emerged as a growing field within agricultural economics, but also in other fields such as finance, trade, growth, environmental economics and industrial organization. Wine has a few characteristics that differentiate it from other agricultural commodities, rendering it an interesting topic for economists in general. Fine wine can regularly fetch bottle prices that exceed several thousand dollars. It can be stored a long time and may increase in value with age. Fine wine quality and prices are extraordinarily sensitive to fluctuations in the weather of the year in which the grapes were grown. And wine is an experience good, i.e., its quality cannot be ascertained before consumption. As a result, consumers often rely on ""expert opinion"" regarding quality and maturation prospects.

This handbook takes a broad approach and familiarizes the reader with the main research strands in wine economics.

Détails de l'édition

• Éditeur: World Scientific Publishing Co Pte Ltd
• Date d'édition: 2018
• Langue: anglais
• ISBN 10: 9814740578
• ISBN 13: 9789814740579
• Reliure: Relié
• Nombre de pages: 1048
• Éditeur: Ashenfelter Orley, Gergaud Olivier, Storchmann Karl, Ziemba William T
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible