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Provedor de dados:  AgEcon
País:  United States
Título:  CONSUMER VALUATION OF GENETICALLY MODIFIED FOODS AND THE EFFECT OF INFORMATION BIAS
Autores:  Vanwechel, Tamara
Wachenheim, Cheryl J.
Schuck, Eric C.
Lambert, David K.
Data:  2003-06-02
Ano:  2003
Palavras-chave:  Biotechnology
Environment
Experimental auction
Genetically modified
Information
Willingness-to-pay
Food Consumption/Nutrition/Food Safety
Research and Development/Tech Change/Emerging Technologies
Resumo:  Bid prices were elicited for standard-label cookies, muffins, and potato chips and those identified as not including genetically modified (GM) ingredients using an experimental auction. Including a statement that the product did not include GM ingredients increased bids over those offered for standard-label products. Providing negative-biased information about the impact of GM crops on the environment increased the risk participants associated with GM foods, and positive-biased information decreased perceived risk. Overall, providing impact information, whether positive- or negative-biased, increased bids for products presumed GM. The influence of information bias on bids varied among selected participant groups, supporting the presence of uniquely responsive market segments.
Tipo:  Working or Discussion Paper
Idioma:  Inglês
Identificador:  9369

http://purl.umn.edu/23620
Editor:  AgEcon Search
Relação:  North Dakota State University>Department of Agribusiness and Applied Economics>Agribusiness & Applied Economics Report
Agribusiness & Applied Economics Report No. 513
Formato:  18

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