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Please use this identifier to cite or link to this item: http://purl.umn.edu/34453

Title: QUALITY SIGNALS IN WINE MARKETING: THE ROLE OF EXHIBITION AWARDS
Authors: Orth, U.R.
Krska, P.
Issue Date: 2001
Abstract: Wine producers have their products evaluated at various wine exhibitions for the purpose of receiving awards that can be displayed on the bottles. This contribution introduces an approach to estimate optimal prices for wine exhibition awards. A case study has been employed in cooperation with a major Czech wine company to investigate the practical usefulness of the method. Estimating the relative importance of selected wine exhibitions as award origins and determining the partial utilities of selected awards (medals) is based on a conjoint experiment. Price equivalents and markups can be derived based on consumer preferences.
URI: http://purl.umn.edu/34453
Institution/Association: International Food and Agribusiness Management Review>Volume 04, Issue 04, 2001
Total Pages: 13
Language: English
From Page: 385
To Page: 397
Collections:Volume 04, Issue 04, 2001

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