Please use this identifier to cite or link to this item:
Smith, Rachel A.
McKinney, C. Nicholas
Caudill, Steven B.
Mixon, Franklin G.
Year of Publication: 
[Journal:] Agricultural and Food Economics [ISSN:] 2193-7532 [Volume:] 4 [Year:] 2016 [Issue:] 24 [Pages:] 1-10
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.
Experience goods
Hedonic analysis
Beer prices
Consumer ratings
Asymmetric information
Persistent Identifier of the first edition: 
Creative Commons License:
Document Type: 
Social Media Mentions:

Files in This Item:

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.