The controversy over genetically modified (GM) foods has swept across Europe and is beginning to make inroads into the North American consumer market. It is set to become a thorny trade issue between the European Union (EU) and the United States. The issue is important, not least because of the...

The revolution in biotechnology poses pervasive, although not entirely unprecedented, asymmetric information problems. Especially in Europe, but even in North America, there is mounting evidence that consumers do not treat genetically modified foods (GMFs) and their non-modified counterparts as...

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Since the seminal work of Adam Smith, markets have been considered an efficienttool for co-ordinating the behaviour of economic agents. The basic characteristicof a market economy is that the complex system of interaction amongindividuals is not centrally coordinated. Under the assumption of...

Conventional evaluations of industry competitiveness tend to focus on a narrow range of production cost variables. Using these criteria, we would expect industries such as the Danish pork industry to be uncompetitive relative to the pork industries of Canada and the United States, given...

Given the credence nature of functional food attributes labelling plays a key role inallowing consumers to make informed choices about foods with enhanced health attributes.The degree to which a particular jurisdiction permits health claims for food products and the type of allowable health...

This article contributes to the ongoing discussion about the impact of different labeling practices on the quality of genetically modified (GM) food products as perceived by the consumer. Thus far, many studies have adopted a stated preferences approach, finding that consumers have different...