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The purpose of this thesis is to estimate a hedonic price equation considering the Luxembourgish
wine industry in order to assess the impact of labels on the prices of the wines. In other terms,
I analyse whether labeled wines earn price premia and are valued by consumers. My research
concentrates essentially on the Luxembourgish wine market and I consider the following labels for
my analysis: “Charta", “EU organic label", “Bio-Lëtzebuerg", “AOP" and “Domaine et Tradition
label". The methodology used to investigate these relations is based on the hedonic pricing model
first introduced by Sherwin Rosen (1974), which relates the wine’s attributes to its implicit price.
Referring to the empirical results, it is found that labels matter for wines prices: indeed, all the
tested labels except for the AOP label implied positive price premia. One argument that can
be used to explain why consumers do not value this label is based on the assumption that costs
might be so low compared to other labels so that both good and poor wine producers (e.g. wine
producers that produce wine of inferior quality) can self-select themselves into this label making
it useless. This means that the AOP label is not able to decrease information asymmetry and
that the market cannot distinguish between good and poor vintners. Moreover, it is found that
stricter label conditions imply higher price premia. Then, over the range of data, it is also
found that on average red wines exhibit higher prices than white wines and that independent
winemakers achieve higher prices than negotiating producers and cooperative movements such
as Domaines Vinsmoselle. Finally, I also show evidence that suggests that wines that appear in
the Guide Hachette rating magazine earn a positive price premium.

Hedonic price equation --- Labels --- wine industry --- Sciences économiques & de gestion > Microéconomie

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This paper estimates slum residents' willingness to pay for formalized land tenure in Pune, India. In so doing, it offers evidence that the legal assurance of slum residents' occupancy of their lands could benefit them. Previous studies have discussed legal and non-legal factors that substantially influence the tenure security of residents in informal settlements. However, it remains unclear to what extent, and how, the assignment of legal property rights through the formalization of land tenure improves the tenure security of residents in informal settlements and living conditions, even in the presence of other legal and non-legal factors that also contribute to their tenure security. To address the question, this study focuses on the city of Pune, India, where government agencies have formalized slums by legally ensuring the occupancy of the residents under "slum declaration." Applying a hedonic price model to an original household survey, this paper investigates how slum residents evaluate formalized land tenure. A spatial econometrics method is also applied to account for spatially autocorrelated unobserved errors. The spatial hedonic analysis finds that the premium of slum declaration is worth 19 percent of the average housing rent in slums. The associated marginal willingness to pay is equivalent to 6 percent of the average household expenditure, although it is heterogeneous depending on a household's caste and other legal conditions. This finding suggests that the assurance of occupancy rights is a vital component of land-tenure formalization policy even if it does not directly provide full property rights.

Hedonic Model --- Housing & Human Habitats --- Property Rights --- Public Sector Management and Reform --- Slum --- Spatial Econometrics --- Urban Housing --- Urban Poverty

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What does shopping mean to American women? This question is the focus of our book. We profile the American woman and examine how life has changed since her grandmother was young. Women have many choices about when and where to shop; thus retailers need to understand her needs and wants to attract and maintain her business.

Women consumers --- Shopping --- Consumer behavior --- Psychology. --- Social aspects --- Women --- Consumer socialization --- Social shopping --- Experiential shopping --- Hedonic --- Utilitarian --- Shopping malls --- Mothers and daughters

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This research topic collected and connected information concerning both the underlying metabolic mechanisms and consequences of eating behaviors. These two aspects are tremendously important for a better understanding of eating behavior abnormalities as well as for improving education on eating disorders and behaviors.

Eating disorders. --- Eating disorders --- Diagnosis. --- Eating Disorders --- Appetite --- brain metabolism --- Obesity --- hedonic eating --- energy balance --- eating behavior --- Reward --- Energy Intake --- Energy Expenditure

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Location is one of the main characteristics households consider when buying a property or deciding where to live, since it determines accessibility to employment subcenters and public transport stations. Using a geographically-referenced data set on new housing developments, this paper estimates how households value accessibility in Mexico City. The results are shown considering road accessibility to formal employment subcenters (private accessibility) and distance to the main public transport stations in the city (public accessibility). The results suggest that accessibility to employment subcenters is considered an amenity for households, while being closer to a Metro station is perceived as a dis-amenity. Moreover, households located in neighborhoods with a greater proportion of informal workers and lower education levels give a lower value to private accessibility than households located in neighborhoods with a lower proportion of informal workers or in high-educated neighborhoods. These results are evidence of the existence of spatial segregation in the city, where disadvantaged households are segregated not only because of their economic conditions, but also because they are located farther away from employment opportunities.

Accessibility --- Communities & Human Settlements --- Education --- Educational Sciences --- Hedonic Housing Models --- Housing --- Location Decisions --- Public Sector Development --- Railways Transport --- Spatial Segregation --- Transport --- Urban Development --- Urban Governance and Management --- Urban Housing --- Urban Housing and Land Settlements --- Urban Transport