Millennial university students’ valuation of traditional wine: Evidence from an experimental auction

This paper analyzes whether the perception of traditional wine brings value to millennials. Based on survey data and experimental auctions (165 participants), this study identifies the main factors affecting this consumer groups’ willingness to pay for traditional wine through a Tobit model methodol...

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Bibliographic Details
Main Authors: Elói Jorge, Ernesto Lopez-Valeiras, Maria Beatriz Gonzalez-Sanchez
Format: Article
Language:English
Published: Firenze University Press 2021-05-01
Series:Wine Economics and Policy
Subjects:
Online Access:https://oaj.fupress.net/index.php/wep/article/view/9878
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