Model variables description
| Variable name | Variable description |
|---|---|
| RATING (continuous) | TripAdvisor’s rating − Weighted score calculated from TripAdvisor’s online customer ratings, reflecting customer satisfaction based on past dining experiences |
| REVIEW (continuous) | TripAdvisor number of reviews − The natural logarithm of the total number of customer reviews on TripAdvisor, indicating customer engagement and restaurant popularity |
| TOP10 (Dummy) | Inclusion in TripAdvisor’s top ten − Dummy variable indicating online visibility, with a value of 1 if the restaurant appears in TripAdvisor’s Top 10 for its specific area and 0 otherwise. This serves as a proxy for the restaurant’s trendiness at the time of data collection, reflecting its status among the most popular establishments |
| MENU and MENU2 (euros) | Food menu price - Average price of degustation and fixed-price gourmet menus, collected from restaurant websites, measured in euros. MENU2 is the squared value of the MENU variable, capturing non-linear effects of food menu pricing |
| REGION (categorical) | Administrative region − Categorical variable with 20 categories, each representing an Italian administrative region where the restaurant is located |
| STAR (categorical) | Michelin star rating − Categorical variable with four levels (0, 1, 2, 3) representing the number of Michelin stars awarded to the restaurant at the time of data collection, indicating quality and dining experience |
| PRICE_RANGE (categorical) | Price range − Categorical variable with four levels (€, €€, €€€, €€€€) denoting increasing price ranges, as indicated on the Michelin website, from € “on a budget” to €€€€ “spare no expense” |
| WINE_PRICE and WINE_PRICE2 (euros) | Wine price − Median value of all wines listed on each restaurant’s wine list, providing a measure of central tendency that minimises the influence of outliers. WINE_PRICE2 is the squared value of WINE_PRICE, capturing potential non-linear effects of wine pricing |
| REG_WINE (continuous) | Regional wines − Natural logarithm of the number of wines from the same region as the restaurant, indicating both the size and regional focus of the wine list |
| TYPOLOGY (continuous) | Wine typology diversity − Shannon Index (Shannon and Weaver, 1949) applied to the typology of wines (Sparkling, Red, White, Rosé and Dessert) within the wine list, providing a measure of wine variety |
| WINES (dummy) | Wines – Dummy variables indicating the presence of wines in a wine list (Argentina, Australia, Austria, Chile, Croatia, France, Georgia, Germany, Greece, Hungary, Israel, Lebanon, New Zealand, Portugal, Slovenia, Spain, South Africa, Switzerland, UK and USA) |
| Variable name | Variable description |
|---|---|
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