We hypothesize that quality signals improve over time with the quality performance of a wine producer, and that spillovers will affect other producers within the same region. For this purpose, we estimate a hedonic pricing model for premium California wine. Data source is the annual publication "California Wine Winners" accumulated over the judging years 1990-2001. Quality indicators for 19,583...

in today's competitive world, maintaining competitive power of industries is the requirement of remaining in the competition. in the case of small industries, it also needs to think about strategies of making the industries more competitive in order to survive and have successful activity in competition. in many countries, one of the methods that have gained successful experience in increa...

5 Worsening highway congestion is a challenge to mega-regional competitiveness; and 6 changing regional geographies and development location decisions, among other factors, demand 7 that public policy responses go beyond traditional demand management approaches. Congestion 8 pricing has been suggested as a remedy. In this article, we analyze the outcomes of multiple 12 NJ, PA and WV. Using a me...

Museums have many different goals beyond efficiency such as social equity, financial revenue, attracting donors and gaining international, regional or local prestige. Various pricing schemes are being discussed with the aim of reaching these goals. The classical ones are entry prices and free entry. The museum club solution or exit donations allow for various additional goals. Each scheme has c...

A pricing methodology adapted to specific railroad infrastructures and the trains that use them is one way to ensure that railroad networks used by several different operators are used optimally. The diversity of railway networks (new lines and old lines) and services (long-distance and suburban passenger trains, freight trains, etc.) make it difficult to develop such a pricing methodology. Thi...