Consumer welfare effects of introducing and labeling genetically modified food

Non-hypothetical valuations obtained from experimental auctions in three United States and two European locations were used to calculate welfare effects of introducing and labeling of genetically modified food. Under certain assumptions, we find that introduction of genetically modified food has bee...

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Veröffentlicht in:	Economics letters 2005-09, Vol.88 (3), p.382-388
Hauptverfasser:	Lusk, Jayson L., House, Lisa O., Valli, Carlotta, Jaeger, Sara R., Moore, Melissa, Morrow, Bert, Traill, W. Bruce
Format:	Artikel
Sprache:	eng
Schlagworte:	Auctions Biotechnology Consumer preferences Empirical research Europe Experimental auctions Experimental economics Food industry Genetic engineering Genetically modified food Labeling Policy U.S.A Welfare
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