In Vino Veritas: The Effects of Different Management Configurations in German Viniculture
Dilger Alexander
Zusammenfassung
Different management configurations have distinct performance effects. In particular, this is examined for vine-growing estates in Germany. For several reasons managers will prefer higher quality over quantity, thus producing better wines at higher prices in lower volume than self-managing owners do. Conversely, members of cooperatives have divers incentives to sell more and cheaper bottles of lower quality than independent winegrowers. These hypotheses are theoretically derived and empirically tested as well as confirmed for German viniculture.
Publikationstyp
Sonstige wissenschaftliche Veröffentlichung
Publikationsstatus
Veröffentlicht
Jahr
2004
Band
04-06
Reihe
Discussion Paper der German Economic Association of Business Administration (GEABA)
Sprache
Englisch
Gesamter Text