Some Problems in Estimating Willingness to Pay with Contingent Valuation Surveys: Case for Consumer Acceptance of Genetically Modified Food

This paper reports results from a U.S. national telephone survey on genetically modified foods. The objectives of this paper are to determine the effect of "indifference" response on the estimate of willingness to pay and to test the assumption of common marginal utility of income among respondents.

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Year of publication:	2007
Authors:	Chern, Wen S. ; Kaneko, Naoya
Institutions:	Southern Agricultural Economics Association - SAEA
Subject:	Genetically modified foods \| contingent valuation \| willingness to pay \| Consumer/Household Economics \| Food Consumption/Nutrition/Food Safety

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Extent:	application/pdf
Series:	2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama Number 34852
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005493648