This paper adopts the hedonic price model to study the impact of attributes on beer prices in the U.S. beer market. The price of beer is modeled as a function of beer characteristics. Our primary purpose is to investigat ...
According to Blackwell, Miniard, and Engel (2001), "[c]ulture has a profound
effect on why and how people buy and consume products and services" (p. 320). In
the present study, Hofstede's classifications of national cu ...