Sabiia Seb
        Busca avançada

Botão Atualizar

Botão Atualizar

Registro completo
Provedor de dados:  AgEcon
País:  United States
Título:  Consumer Willingness to Pay for Genetically Modified Food Labels in a Market with Diverse Information: Evidence from Experimental Auctions
Autores:  Huffman, Wallace E.
Shogren, Jason F.
Rousu, Matthew C.
Tegene, Abebayehu
Data:  2006-09-25
Ano:  2003
Palavras-chave:  Consumer demand
Corn chips
Experimental economics
Food labels
Genetic modification
GM foods
Laboratory auctions
Vegetable oil
Willingness to pay
Consumer/Household Economics
Resumo:  With the continuing controversy over genetically modified (GM) foods, some groups advocate mandatory labeling of these products, while other groups oppose labeling. An important issue is how GM labels affect consumers' willingness to pay for these food products in the market. Using a statistically based economics experiment with adult consumers as subjects, we examine how willingness to pay changes for three food products--vegetable oil, tortilla chips, and potatoes--when GM labels are introduced. Participants in the experiments discounted GM-labeled foods by approximately 14% relative to their standard-labeled counterparts. The evidence also showed that sequencing of food labels affects willingness to pay, and that randomizing treatments is an important methodological feature in experiments of willingness to pay.
Tipo:  Journal Article
Idioma:  Inglês
Identificador:  23775
Editor:  AgEcon Search
Relação:  Journal of Agricultural and Resource Economics>Volume 28, Number 03, December 2003
Formato:  22


Empresa Brasileira de Pesquisa Agropecuária - Embrapa
Todos os direitos reservados, conforme Lei n° 9.610
Política de Privacidade
Área restrita

Parque Estação Biológica - PqEB s/n°
Brasília, DF - Brasil - CEP 70770-901
Fone: (61) 3448-4433 - Fax: (61) 3448-4890 / 3448-4891 SAC:

Valid HTML 4.01 Transitional