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Price dispersion in wines. Does the Law of One Price apply?

Does the law of one price hold when we order wine in a restaurant? A team of dedicated economists has analysed more than 900 wine lists to find out.

Read more about the research behind this interview and download the free DP:
Cardebat, J, Gergaud, O, Regibeau, P and Rockett, K. 2021. 'Price Dispersion in Wines [1]'. CEPR

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Related

  • Retail price dispersion in France [2]
    Nicoletta Berardi, Patrick Sevestre
  • Supermarket transparency lowers prices [3]
    Itai Ater, Oren Rigbi

Topics:  Industrial organisation [4]

Tags:  price dispersion [5], restaurant [6], spatial competition [7], wine [8]


Source URL: https://voxeu.org/content/price-dispersion-wines-does-law-one-price-apply?qt-quicktabs_cepr_policy_research=1

Links
[1] https://cepr.online/wine-prices
[2] https://voxeu.org/article/retail-price-dispersion-france
[3] https://voxeu.org/article/supermarket-transparency-lowers-prices
[4] https://voxeu.org/content/topics/industrial-organisation
[5] https://voxeu.org/taxonomy/term/8435
[6] https://voxeu.org/taxonomy/term/12789
[7] https://voxeu.org/taxonomy/term/12790
[8] https://voxeu.org/taxonomy/term/974