Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/179085
Authors: 
Smith, Rachel A.
McKinney, C. Nicholas
Caudill, Steven B.
Mixon, Franklin G.
Year of Publication: 
2016
Citation: 
[Journal:] Agricultural and Food Economics [ISSN:] 2193-7532 [Volume:] 4 [Year:] 2016 [Issue:] 24 [Pages:] 1-10
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.
Subjects: 
Experience goods
Hedonic analysis
Beer prices
Consumer ratings
Asymmetric information
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by/4.0/
Document Type: 
Article
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