Wine economics world scientific

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Introductory Offer Valid till July 31, 2018

World Scientific Handbook in Financial Economics Series - Volume 6

HANDBOOK OF THE ECONOMICS OF WINE (In 2 Volumes) Volume 1: Prices, Finance, and Expert Opinion Volume 2: Reputation, Regulation, and Market Organization Editors Orley Ashenfelter (Princeton) Olivier Gergaud (KEDGE Business School, France) Karl Storchmann (New York University, USA) William Ziemba (UBC & London School of Economics, UK)

Over the last three decades, wine economics has

to fluctuations in the weather of the year in which

emerged as a growing field within agricultural

the grapes were grown. And wine is an experience

economics, but also in other fields such as finance,

good, i.e., its quality cannot be ascertained before

trade, growth, environmental economics and industrial

consumption. As a result, consumers often rely on

organization. Wine has a few characteristics that

“expert opinion” regarding quality and maturation

differentiate it from other agricultural commodities,

prospects. This handbook takes a broad approach

rendering it an interesting topic for economists in

and familiarizes the reader with the main research

general. Fine wine can regularly fetch bottle prices

strands in wine economics.

that exceed several thousand dollars. It can be stored a long time and may increase in value with age. Fine

Readership: Graduate students and specialists in

wine quality and prices are extraordinarily sensitive

the field of wine economics.

ORDER

900pp March 2018 978-981-4740-57-9 (set) US$495 £436 S$733 Introductory Offer valid till July 31, 2018 US$395 £348 S$585 978-981-3232-72-3 (set)(ebook) US$743 http://bit.ly/WS_EconWine

£654

S$1100


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