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Consumer Wine Closure Preferences: The Role of Gender, Price, and Regional Preferences

Published online by Cambridge University Press:  05 January 2021

Lara Agnoli
Affiliation:
CEREN, EA 7477, Burgundy School of Business - Université Bourgogne Franche-Comté, Dijon, France; e-mail: [email protected].
Jean-François Outreville*
Affiliation:
CEREN, EA 7477, Burgundy School of Business - Université Bourgogne Franche-Comté, Dijon, France
*
e-mail: [email protected] (corresponding author).

Abstract

This paper analyzes buying decisions when consumers consider the risk that a bottle of wine may be cork-tainted. Drawing on a sample of 804 subjects, we examine the role of gender, price level, and subjects’ country of origin and their personal cork-taint risk assessments. We find that women assess the cork-taint risk higher than men but are still more likely to buy bottles with cork closures. Young consumers from Asia are more risk-averse than people from Western countries. Gender and regional differences vanish for wines in higher price brackets. (JEL Classifications: C90, D12, L66)

Type
Articles
Copyright
Copyright © American Association of Wine Economists, 2020

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Footnotes

The authors acknowledge comments from and suggestions made by Nikos Georgantzis, Karl Storchmann, and an anonymous referee.

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