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ARE U.S. CONSUMERS TOLERANT OF GM FOODS? AgEcon
Rousu, Matthew C.; Huffman, Wallace E.; Shogren, Jason F.; Tegene, Abebayehu.
Genetically modified (GM) foods have caused many controversies. One important controversy relates to tolerance - the impurity rate that is tolerated before a commodity must be labeled as genetically modified. Currently, the United States does not have a specific tolerance or threshold level for GM foods. This paper uses experimental auctions to determine consumers' acceptance of non-GM foods with zero, 1 percent, and 5 percent tolerance for genetically modified material. Our results indicate that consumers would pay less for food that tolerates GM material, but the discount is not significantly different for foods with 1-percent and 5-percent GM content.
Tipo: Working or Discussion Paper Palavras-chave: Genetically modified (GM) foods; Contamination thresholds; Laboratory auctions; Nth-price auction; Vegetable oil; Tortilla chips; Russet potatoes; Food Consumption/Nutrition/Food Safety; Research and Development/Tech Change/Emerging Technologies.
Ano: 2002 URL: http://purl.umn.edu/18227
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The Economics of GM Food Labels: An Evaluation of Mandatory Labeling Proposals in India AgEcon
Bansal, Sangeeta; Ramaswami, Bharat.
Labeling of genetically modified (GM) foods is a contentious issue and internationally, there is sharp division whether such labeling ought to be mandatory. This debate has reached India where the government has proposed mandatory labeling. In this context, this paper evaluates the optimal regulatory approach to GM food labels. Mandatory labeling aims to provide greater information and correspondingly more informed consumer choice. However, even without such laws, markets have incentives to supply labeling. So can mandatory labeling achieve outcomes different from voluntary labeling? The paper shows that this is not the case in most situations. The paper goes on to explore the special set of circumstances, where mandatory labeling makes a difference to...
Tipo: Working or Discussion Paper Palavras-chave: Genetically modified (GM) foods; Biosafety; Food labeling; India; Food Security and Poverty.
Ano: 2007 URL: http://purl.umn.edu/42409
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