Description
A comprehensive and interdisciplinary approach to the economics of the production, distribution, and consumption of wine.
Wine economics is a growing subfield that examines the economics of the production, distribution, and consumption of wine. In this book, Stefano Castriota takes a comprehensive and interdisciplinary approach to the study of wine economics, drawing on literature from industrial organization, welfare economics, economic policy, political economy, management, finance, health economics, law, and criminology.
Table of Contents
Foreword by Orley Ashenfelter vii
Acknowledgments ix
Introduction 1
1 The World Wine Market 5
2 Consumption, Quality, and Prices 47
3 Competition and Firm Profitability 83
4 Types of Companies 109
5 Wine and Finance 137
6 Asymmetric Information 163
7 Economic and Social Externalities 185
8 The Regulation of Supply 211
Economic Policy Conclusions 231
Notes 237
References 253
Index 291
