Risk Perceptions, Social Interactions and the Influence of Information on Social Attitudes to Agricultural Biotechnology
Author
Abstract
Suggested Citation
DOI: 10.22004/ag.econ.24052
Download full text from publisher
References listed on IDEAS
- Wallace E. Huffman & Matthew Rousu & Jason F. Shogren & Abebayehu Tegene, 2004.
"Who Do Consumers Trust for Information: The Case of Genetically Modified Foods?,"
American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 86(5), pages 1222-1229.
- Huffman, Wallace & Rousu, Matthew & Shogren, Jason & Tegene, Abebayehu, 2002. "Who Do Consumers Trust for Information: The Case of Genetically Modified Foods?," ISU General Staff Papers 200212010800001234, Iowa State University, Department of Economics.
- Huffman, Wallace E. & Rousu, Matthew & Shogren, Jason F. & Tegene, Abebayehu, 2004. "Who Do Consumers Trust for Information: The Case of Genetically Modified Foods?," ISU General Staff Papers 200401010800001358, Iowa State University, Department of Economics.
- Huffman, Wallace E. & Rousu, Matthew C. & Shogren, Jason F. & Tegene, Abebayehu, 2002. "Who Do Consumers Trust For Information: The Case Of Genetically Modified Foods," Working Papers 18205, Iowa State University, Department of Economics.
- Huffman, Wallace & Rousu, Matthew & Shogren, Jason F. & Tegene, Abebayehu, 2002. "Who Do Consumers Trust for Information? The Case of Genetically Modified Foods," Staff General Research Papers Archive 10061, Iowa State University, Department of Economics.
- Punj, Girish N & Staelin, Richard, 1983. "A Model of Consumer Information Search Behavior for New Automobiles," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 9(4), pages 366-380, March.
- Matthew C. Rousu & Wallace E. Huffman & Jason F. Shogren & Abebayehu Tegene, 2004.
"Estimating the Public Value of Conflicting Information: The Case of Genetically Modified Foods,"
Land Economics, University of Wisconsin Press, vol. 80(1), pages 125-135.
- Rousu, Matthew C. & Huffman, Wallace E. & Shogren, Jason F. & Tegene, Abebayehu, 2004. "Estimating the Public Value of Conflicting Information: The Case of Genetically Modified Foods," ISU General Staff Papers 200402010800001354, Iowa State University, Department of Economics.
- Stigler, George J., 2011.
"Economics of Information,"
Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 35-49.
- George J. Stigler, 1961. "The Economics of Information," Journal of Political Economy, University of Chicago Press, vol. 69(3), pages 213-213.
- Daniel Kahneman & Amos Tversky, 2013.
"Prospect Theory: An Analysis of Decision Under Risk,"
World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127,
World Scientific Publishing Co. Pte. Ltd..
- Kahneman, Daniel & Tversky, Amos, 1979. "Prospect Theory: An Analysis of Decision under Risk," Econometrica, Econometric Society, vol. 47(2), pages 263-291, March.
- Amos Tversky & Daniel Kahneman, 1979. "Prospect Theory: An Analysis of Decision under Risk," Levine's Working Paper Archive 7656, David K. Levine.
- P. A. Kuperis & M. M. Veeman & W. L. Adamowicz, 1999.
"Consumer's Responses to the Potential Use of Bovine Somatotrophin in Canadian Dairy Production,"
Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 47(2), pages 151-163, July.
- Kuperis, Peter & Veeman, Michele M. & Adamowicz, Wiktor L., 1998. "Consumers' Responses to the Potential Use of Bovine Somatotrophin in Canadian Dairy Production," Staff Paper Series 24104, University of Alberta, Department of Resource Economics and Environmental Sociology.
- Sallie James & Michael Burton, 2003.
"Consumer preferences for GM food and other attributes of the food system,"
Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 47(4), pages 501-518, December.
- James, Sallie & Burton, Michael P., 2003. "Consumer preferences for GM food and other attributes of the food system," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 47(4), pages 1-18.
- Diane McCann-Hiltz & Michele Veeman & Wiktor Adamowicz & Wuyang Hu, 2004. "Agricultural Biotechnology: A Comparison of Consumers' Preferences for Selected Policy Options," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 52(3), pages 333-350, November.
- Amos Tversky & Daniel Kahneman, 1991. "Loss Aversion in Riskless Choice: A Reference-Dependent Model," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(4), pages 1039-1061.
- Urbany, Joel E, 1986. "An Experimental Examination of the Economics of Information," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 13(2), pages 257-271, September.
- Huffman, Wallace E. & Shogren, Jason F. & Rousu, Matthew C. & Tegene, Abebayehu, 2003.
"Consumer Willingness to Pay for Genetically Modified Food Labels in a Market with Diverse Information: Evidence from Experimental Auctions,"
Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 28(3), pages 1-22, December.
- Huffman, Wallace E. & Shogren, Jason F. & Rousu, Matthew & Tegene, Abebayehu, 2003. "Consumer Willingness to Pay for Genetically Modified Food Labels in a Market with Diverse Information: Evidence from Experimental Auctions," ISU General Staff Papers 200312010800001376, Iowa State University, Department of Economics.
- Huffman, Wallace & Shogren, J. E. & Rousu, M. & Tegene, Abebayehu, 2003. "Consumer Willingness to Pay for Genetically Modified Food Labels in a Market with Diverse Information: Evidence from Experimental Auctions," Staff General Research Papers Archive 12256, Iowa State University, Department of Economics.
- Rousu, M. & Huffman, Wallace & Shogren, Jason F. & Tegene, Abebayehu, 2004. "Estimating the Public Value of Information: Genetically Modified Foods," Staff General Research Papers Archive 10426, Iowa State University, Department of Economics.
- Jutta Roosen & Jayson L. Lusk & John A. Fox, 2003.
"Consumer demand for and attitudes toward alternative beef labeling strategies in France, Germany, and the UK,"
Agribusiness, John Wiley & Sons, Ltd., vol. 19(1), pages 77-90.
- Roosen, Jutta & Lusk, Jayson L. & Fox, John A., 2001. "Consumer Demand For And Attitudes Toward Alternative Beef Labeling Strategies In France, Germany, And The Uk," 2001 Annual meeting, August 5-8, Chicago, IL 20643, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Vanwechel, Tamara & Wachenheim, Cheryl J. & Schuck, Eric C. & Lambert, David K., 2003. "Consumer Valuation Of Genetically Modified Foods And The Effect Of Information Bias," Agribusiness & Applied Economics Report 23620, North Dakota State University, Department of Agribusiness and Applied Economics.
- Noussair, Charles & Robin, Stephane & Ruffieux, Bernard, 2002.
"Do consumers not care about biotech foods or do they just not read the labels?,"
Economics Letters, Elsevier, vol. 75(1), pages 47-53, March.
- Noussair, C. & Robin, S. & Ruffieux, B., 2001. "Do Consumers Not Care about Biotech Foods or Do They Just Not Read the Labels?," Purdue University Economics Working Papers 1142, Purdue University, Department of Economics.
- Jayson L. Lusk & Jutta Roosen & John A. Fox, 2003.
"Demand for Beef from Cattle Administered Growth Hormones or Fed Genetically Modified Corn: A Comparison of Consumers in France, Germany, the United Kingdom, and the United States,"
American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(1), pages 16-29.
- Lusk, Jayson L. & Roosen, Jutta & Fox, John A., 2001. "Demand For Beef From Cattle Administered Growth Hormones Or Fed Genetically Modified Corn: A Comparison Of Consumers In France, Germany, The United Kingdom, And The United States," 2001 Annual meeting, August 5-8, Chicago, IL 20684, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Veeman, Michele M., 2001. "Consumers, Public Perceptions And Biotechnology," Staff Paper Series 24079, University of Alberta, Department of Resource Economics and Environmental Sociology.
- Wuyang Hu & Michele M. Veeman & Wiktor L. Adamowicz, 2005. "Labelling Genetically Modified Food: Heterogeneous Consumer Preferences and the Value of Information," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 53(1), pages 83-102, March.
- Charles Noussair & StÈphane Robin & Bernard Ruffieux, 2004. "Do Consumers Really Refuse To Buy Genetically Modified Food?," Economic Journal, Royal Economic Society, vol. 114(492), pages 102-120, January.
- Adamowicz, Wiktor L. & Veeman, Michele M. & White, Elspeth, 2004. "Financial And Health Costs Of Pesticide Use In Growing Conventional And Genetically Modified Potatoes In Prince Edward Island," Annual Meeting, 2004, June 20-23, Halifax, Nova Scotia 34199, Canadian Agricultural Economics Society.
- Maute, Manfred F. & Forrester, William Jr., 1991. "The effect of attribute qualities on consumer decision making: a causal model of external information search," Journal of Economic Psychology, Elsevier, vol. 12(4), pages 643-666, December.
- Kahneman, Daniel, 1992. "Reference points, anchors, norms, and mixed feelings," Organizational Behavior and Human Decision Processes, Elsevier, vol. 51(2), pages 296-312, March.
- Srinivasan, Narasimhan & Ratchford, Brian T, 1991. "An Empirical Test of a Model of External Search for Automobiles," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 18(2), pages 233-242, September.
- Alan Schwartz & Louis L. Wilde, 1985. "Product Quality and Imperfect Information," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 52(2), pages 251-262.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Rodríguez-Entrena, Macario & Salazar-Ordóñez, Melania & Sayadi, Samir, 2013. "Applying partial least squares to model genetically modified food purchase intentions in southern Spain consumers," Food Policy, Elsevier, vol. 40(C), pages 44-53.
- Joseph Seong & Simone Valle de Souza & H. Christopher Peterson, 2023. "Seeds of Industry Sustainability: Consumer Attitudes towards Indoor Agriculture Benefits versus Its Advanced Technology," Sustainability, MDPI, vol. 15(3), pages 1-21, January.
- Wenjing Zhang & Jianhong Xue & Henk Folmer & Khadim Hussain, 2019. "Perceived Risk of Genetically Modified Foods Among Residents in Xi’an, China: A Structural Equation Modeling Approach," IJERPH, MDPI, vol. 16(4), pages 1-12, February.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Gautam, Ruskin & Gustafson, Christopher R. & Brooks, Kathleen R., 2017. "Label Position and it Impacts on WTP for Products Containing GMO," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258105, Agricultural and Applied Economics Association.
- Wuyang Hu & Wiktor L. Adamowicz & Michele M. Veeman, 2009. "Consumers' Preferences for GM Food and Voluntary Information Access: A Simultaneous Choice Analysis," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 57(2), pages 241-267, June.
- repec:ken:wpaper:0801 is not listed on IDEAS
- Lusk, Jayson L. & Jamal, Mustafa & Kurlander, Lauren & Roucan, Maud & Taulman, Lesley, 2005. "A Meta-Analysis of Genetically Modified Food Valuation Studies," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 30(1), pages 1-17, April.
- Rousu, Matthew C. & Beach, Robert H. & Corrigan, Jay R., 2005. "Demand Curve Shifts in Multi-Unit Auctions: Evidence from a Laboratory Experiment," 2005 Annual meeting, July 24-27, Providence, RI 19513, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Dannenberg, Astrid, 2009. "The dispersion and development of consumer preferences for genetically modified food -- A meta-analysis," Ecological Economics, Elsevier, vol. 68(8-9), pages 2182-2192, June.
- Wuyang Hu & Michele M. Veeman & Wiktor L. Adamowicz, 2005. "Labelling Genetically Modified Food: Heterogeneous Consumer Preferences and the Value of Information," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 53(1), pages 83-102, March.
- Karavolias, Joanna & House, Lisa A., "undated".
"Impact of Producer and Use of Biotechnology on Consumer Willingness to Pay: Discounts Required for Oranges Produced with Biotechnology,"
2017 Annual Meeting, July 30-August 1, Chicago, Illinois
259981, Agricultural and Applied Economics Association.
- Karavolias, Joanna & House, Lisa & Haas, Rainer & Briz, Teresa, 2017. "Impact Of Producer And Use Of Biotechonology On Consumer Willingness To Pay: Discounts Required For Oranges Produced With Biotechnology," 2017 International Congress, August 28-September 1, 2017, Parma, Italy 261176, European Association of Agricultural Economists.
- Costa-Font, Montserrat & Gil, José M. & Traill, W. Bruce, 2008. "Consumer acceptance, valuation of and attitudes towards genetically modified food: Review and implications for food policy," Food Policy, Elsevier, vol. 33(2), pages 99-111, April.
- DeSarbo, Wayne S. & Choi, Jungwhan, 1998. "A latent structure double hurdle regression model for exploring heterogeneity in consumer search patterns," Journal of Econometrics, Elsevier, vol. 89(1-2), pages 423-455, November.
- Dickinson, David L. & Bailey, DeeVon, 2005.
"Experimental Evidence on Willingness to Pay for Red Meat Traceability in the United States, Canada, the United Kingdom, and Japan,"
Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 37(3), pages 1-12, December.
- Dickinson, David L. & Von Bailey, Dee, 2005. "Experimental Evidence on Willingness to Pay for Red Meat Traceability in the United States, Canada, the United Kingdom, and Japan," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 37(3), pages 537-548, December.
- Guillaume P. Gruère & Colin A. Carter & Y. Hossein Farzin, 2008.
"What labelling policy for consumer choice? The case of genetically modified food in Canada and Europe,"
Canadian Journal of Economics, Canadian Economics Association, vol. 41(4), pages 1472-1497, November.
- Guillaume P. Gruère & Colin A. Carter & Y. Hossein Farzin, 2008. "What labelling policy for consumer choice? The case of genetically modified food in Canada and Europe," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 41(4), pages 1472-1497, November.
- Huffman, Wallace E. & Rousu, Matthew & Shogren, Jason F. & Tegene, Abebayehu, 2007.
"The effects of prior beliefs and learning on consumers' acceptance of genetically modified foods,"
Journal of Economic Behavior & Organization, Elsevier, vol. 63(1), pages 193-206, May.
- Huffman, Wallace & Rousu, Matthew & Shogren, Jason F. & Tegene, Abebayehu, 2004. "The Effects of Prior Beliefs and Learning on Consumers' Acceptance of Genetically Modified Foods," Staff General Research Papers Archive 12212, Iowa State University, Department of Economics.
- Huffman, Wallace E. & Rousu, Matthew & Shogren, Jason F. & Tegene, Abebayehu, 2007. "The effects of prior beliefs and learning on consumers’ acceptance of genetically modified foods," ISU General Staff Papers 200705010700001359, Iowa State University, Department of Economics.
- Huffman, Wallace E. & Rousu, Matthew C. & Shogren, Jason F. & Tegene, Abebayehu, 2004. "The Effects of Prior Beliefs and Learning on Consumers' Acceptance of Genetically Modified Foods," Working Papers 18231, Iowa State University, Department of Economics.
- Huffman, Wallace & Rousu, Matthew & Shogren, Jason F. & Tegene, Abebayehu, 2004. "The Effects of Prior Beliefs and Learning on Consumers’ Acceptance of Genetically Modified Foods," ISU General Staff Papers 200411110800001240, Iowa State University, Department of Economics.
- Wang, Shuxian & Wu, Linhai & Zhu, Dian & Wang, Hongsha & Xu, Lingling, 2014. "Chinese consumers’ preferences and willingness to pay for traceable food attributes: The case of pork," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 165639, Agricultural and Applied Economics Association.
- Bansal, Sangeeta & Chakravarty, Sujoy & Ramaswami, Bharat, 2013.
"The informational and signaling impacts of labels: experimental evidence from India on GM foods,"
Environment and Development Economics, Cambridge University Press, vol. 18(6), pages 701-722, December.
- Bharat Ramaswami & Sangeeta Bansal & Sujoy Chakravarty, 2013. "The Informational and signaling impacts of labels: Experimental evidence from India on GM foods," Discussion Papers 13-01, Indian Statistical Institute, Delhi.
- Kaneko, Naoya & Chern, Wen S., 2005. "Willingness to Pay for Genetically Modified Oil, Cornflakes, and Salmon: Evidence from a U.S. Telephone Survey," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 37(3), pages 1-19, December.
- Wu, Linhai & Wang, Shuxian & Zhu, Dian & Hu, Wuyang & Wang, Hongsha, 2015. "Chinese consumers’ preferences and willingness to pay for traceable food quality and safety attributes: The case of pork," China Economic Review, Elsevier, vol. 35(C), pages 121-136.
- Smith, Gerald E. & Venkatraman, Meera P. & Dholakia, Ruby Roy, 1999. "Diagnosing the search cost effect: Waiting time and the moderating impact of prior category knowledge," Journal of Economic Psychology, Elsevier, vol. 20(3), pages 285-314, June.
- Dannenberg, Astrid, 2008. "Is it Who You Ask or How You Ask? Findings of a Meta-Analysis on Genetically Modified Food Valuation Studies," ZEW Discussion Papers 08-096, ZEW - Leibniz Centre for European Economic Research.
- Carlsson, Fredrik & Frykblom, Peter & Lagerkvist, Carl Johan, 2004.
"Consumer benefits of labels and bans on genetically modified food - An empirical analysis using Choice Experiments,"
2004 Annual meeting, August 1-4, Denver, CO
20370, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Carlsson, Fredrik & Frykblom, Peter & Lagerkvist, Carl-Johan, 2004. "Consumer benefits of labels and bans on genetically modified food - An empirical analysis using Choice Experiments," Working Papers in Economics 129, University of Gothenburg, Department of Economics.
- Alexandre Magnier & Nicholas Kalaitzandonakes & Jayson Lusk, 2022. "Changes in Consumer Preferences toward Non‐GM Foods within an Information‐Rich Environment: The Case of the Washington State Ballot Initiative," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 44(1), pages 489-510, March.
More about this item
Keywords
Research and Development/Tech Change/Emerging Technologies;Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:ualbpr:24052. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/drualca.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.