How much someone is willing to pay for a bottle of wine is a somewhat complicated beast. Studies have shown that there are many factors that influence just how much someone will put down for any given bottle, including -but…
by Becca • • Comments Off on Book Review: American Wine Economics; by James Thornton
To view a complete list of all the books I have reviewed on The Academic Wino, visit my Wine Book Library page and browse! The book I present to you today, American Wine Economics by James Thornton, takes a hard…
Do you change your wine purchase patterns when you’re on hard financial times? Say your income drops: do you purchase the same wine but buy fewer and drink less? Do you drink the same volume of wine but purchase wines…
by Becca • • Comments Off on How Globalization Has Changed Value Chains: Case Study: South African Wines
The following is a guest post from Dr. Cynthia Howson, Lecturer in Politics, Philosophy and Economics at the University of Washington, Tacoma. Please read her full bio at the end of this post. How has globalization changed the wines…