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  • 标题:Consumer ratings and the pricing of experience goods: hedonic regression analysis of beer prices
  • 本地全文:下载
  • 作者:Rachel A. Smith ; Rachel A. Smith ; C. Nicholas McKinney
  • 期刊名称:Agricultural and Food Economics
  • 电子版ISSN:2193-7532
  • 出版年度:2016
  • 卷号:4
  • 期号:1
  • 页码:1-10
  • DOI:10.1186/s40100-016-0068-3
  • 语种:English
  • 出版社:Springer
  • 摘要:Abstract 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.
  • 关键词:Experience goods;Hedonic analysis;Beer prices;Consumer ratings;Asymmetric information
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