Artikel
Consumer ratings and the pricing of experience goods: hedonic regression analysis of beer prices
This study fills a void in the literature by providing the first evaluation of the impact of consumer ratings on beer prices using hedonic methods. Our work is based on a dataset consisting of over 400 beers and includes information on calorie content, alcohol content, user rating, and style for each beer. Our results indicate that a 10-point increase in consumer rating is associated with about a $0.50 increase in the price of beer per unit.
- Language
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Englisch
- Bibliographic citation
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Journal: Agricultural and Food Economics ; ISSN: 2193-7532 ; Volume: 4 ; Year: 2016 ; Issue: 24 ; Pages: 1-10 ; Heidelberg: Springer
- Classification
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Wirtschaft
- Subject
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Experience goods
Hedonic analysis
Beer prices
Consumer ratings
Asymmetric information
- Event
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Geistige Schöpfung
- (who)
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Smith, Rachel A.
McKinney, C. Nicholas
Caudill, Steven B.
Mixon, Franklin G.
- Event
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Veröffentlichung
- (who)
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Springer
- (where)
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Heidelberg
- (when)
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2016
- DOI
-
doi:10.1186/s40100-016-0068-3
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Smith, Rachel A.
- McKinney, C. Nicholas
- Caudill, Steven B.
- Mixon, Franklin G.
- Springer
Time of origin
- 2016
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