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Author:Scott Morton, F. M.
Podolny, J. M.
Title:Love or money? The effects of owner motivation in the California wine industry
Journal:Journal of Industrial Economics
2002 : DEC, VOL. 50:4, p. 431-456
Index terms:MOTIVATION
WINE INDUSTRY
USA
Freeterms:OWNERSHIP
Language:eng
Abstract:Models that assume only consumer tastes determine the characteristics of supply are restrictive; producers can gain utility froms aspects of production and pay for deviating from demand by accepting lower financial returns. The authors model and measure motivations of California winery owners, and analyze their effects on quality and price.
SCIMA record nr: 243865
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