Ex-Ante Regulation and Ex-Post Liability Under Uncertainty and Irreversibility : Governing the Coexistence of Gm Crops

Ex-ante regulations and ex-post liabilities for using a new technology will induce additional costs for adopters. The standard model is advanced by including irreversibility and uncertainty and taking into account transaction costs of negotiating possible cost reductions. The case analysed is the coexistence policy for GM crops in the European Union. Results show, the design of the rules and regulations can provide strong incentives for regional agglomeration of GM and non-GM farmers. --

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Year of publication:	2014
Authors:	Beckmann, Volker
Other Persons:	Soregaroli, Claudio (contributor) ; Wesseler, Justus (contributor)
Publisher:	[2014]: [S.l.] : SSRN
Subject:	Regulierung \| Regulation \| Theorie \| Theory \| Grüne Gentechnik \| GM crop technology \| Innovationsdiffusion \| Innovation diffusion \| Gentechnik \| Genetic engineering \| Produkthaftung \| Product liability \| EU-Staaten \| EU countries \| Gentechnisch erzeugtes Produkt \| Genetically modified product \| Regionales Cluster \| Regional cluster \| Putty-Clay-Modell \| Putty-clay model