Willingness to Pay for Sensory Attributes in Beer
Jill McCluskey (),
Thomas Marsh and
Carolyn F. Ross
Agricultural and Resource Economics Review, 2014, vol. 43, issue 1, 15
As microbrew beers have become more popular, the intrinsic characteristics of beer have become more important in consumer purchasing decisions. We identify sensory properties that influence consumers’ willingness to pay for beer using a contingent valuation model that includes subjective sensory evaluations and sociodemographic characteristics of consumers. We find that overall taste and hoppiness of a beer have a significant and positive impact on willingness to pay.
Keywords: Consumer/Household Economics; Demand and Price Analysis; Marketing (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
http://ageconsearch.umn.edu/record/165908/files/AR ... %20McCluskeyGnel.pdf (application/pdf)
Journal Article: Willingness to Pay for Sensory Attributes in Beer (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ags:arerjl:165908
Access Statistics for this article
More articles in Agricultural and Resource Economics Review from Northeastern Agricultural and Resource Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().