| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
CONSUMER VALUATION OF GENETICALLY MODIFIED FOODS AND THE EFFECT OF INFORMATION BIAS
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| Autores: |
Vanwechel, Tamara
Wachenheim, Cheryl J.
Schuck, Eric C.
Lambert, David K.
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| Data: |
2003-06-02
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| Ano: |
2003
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| Palavras-chave: |
Biotechnology
Environment
Experimental auction
Genetically modified
Information
Willingness-to-pay
Food Consumption/Nutrition/Food Safety
Research and Development/Tech Change/Emerging Technologies
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| 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.
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
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| Identificador: |
9369
http://purl.umn.edu/23620
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| Editor: |
AgEcon Search
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| Relação: |
North Dakota State University>Department of Agribusiness and Applied Economics>Agribusiness & Applied Economics Report
Agribusiness & Applied Economics Report No. 513
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| Formato: |
18
application/pdf
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