Les facteurs déterminant le prix du vin

François Outreville, J.
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François Outreville, J.: Département de la Finance,École des hautes études commerciales

No 19-2010, Working Papers from Enometrica - Review of the Vineyard Data Quantification Society (VDQS) and the European Association of Wine Economists (EuAWE) - Macerata University, Faculty of Communications

Abstract:

Several factors may explain price setting in the marketplace. The objective of the paper is to review the main factors and mechanisms that govern the price of wine. Analysis of prices is usually based on the estimation of a hedonic price equation which includes all factors explaining prices, including the role of revealed information. The analysis could also be based on the relationship between the price of a specific wine and the market price for wines. Finally, in a demand-supply relationship, scarcity may also be a factor explaining the price of some wines.

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Plusieurs critères interviennent dans la formation du prix du vin. L'objectif de cet article est de passer en revue les principaux facteurs et fonctions qui déterminent le prix du vin. L'analyse des prix repose très souvent sur la méthode empirique dite des prix hédoniques. Elle prend en compte la pluralité des situations d'échange ainsi que le rôle spécifique de l'information. L'analyse peut aussi prendre en compte la relation entre le prix d'un vin, déterminé par ses caractéristiques individuelles, et la tendance du marché. Finalement, dans une situation d'offre et de demande, l'effet de rareté peut aussi expliquer certains prix.

Keywords: Déterminants du prix; Prix hédoniques; Prix du vin (search for similar items in EconPapers)
JEL-codes: L66 L11 D12 (search for similar items in EconPapers)
Date: 2010-07, Revised 2010-09
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Published in Review Enometrica, Volume 3 - Special Issue 2010

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