Subject: Hedonic pricing, Wine, Stellenbosch, South Africa
jel: jel:C21 | jel:Q11 | jel:C13
This paper estimates a hedonic price function for Stellenbosch wines to determine the association between market value and different characteristics of these wines. In such a hedonic price function, the price of a bottle of wine is ascribed to the implicit value of its ... View more
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