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This paper develops a model of differentiated consumers to examine the consumption effects of genetic modification (GM) under alternative labelling regimes and segregation enforcement scenarios. Analytical results show that if consumers perceive GM products as being different than their...
Persistent link: https://www.econbiz.de/10011069438
This paper presents one of the first systematic treatments of economic incentives in the management of academic research and major inefficiencies in common funding mechanisms. Building on well-known but unusual attributes of research whereby the research payoff is only the “"best”" of...
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This paper reviews agricultural research structural and organizational changes in western developed countries, examines new financing prospects for agricultural research, and provides some tentative conclusions about which organizations are best positioned to provide services for the...
Persistent link: https://www.econbiz.de/10011069380
A common approach in modeling negotiations is to apply game theory to single issues. Recent work has suggested that the complexity of international negotiations can be better modeled by linking independent games. Successful linking is possible when the linked issues have compensating asymmetry...
Persistent link: https://www.econbiz.de/10011069405