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In the wine AOC system, the regulation of quantities performed by the
professional
organizations is aimed to smooth the variations of the quality of the
wine due to the
variations in the climate that affect the quality of the grapes.
Nevertheless, this regulation
could be damaging to the consumers due to the price increase resulting
from the reduction of
the quantities sold on the market. We propose a stochastic control
model and a simulation tool
able to measure the effects of this mechanism...
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