In this article we use laboratory experiments to investigate (i) consumer acceptance of genetically modified (GM) foods in Germany, (ii) the effect of neutral information on consumer acceptance, and (iii) the existence and the extent of a hypothetical bias. Participants in our sample generally...

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...

This study applies a real option approach to quantify, ex-ante, the maximum incremental social tolerable irreversible costs that would justify immediate adoption of Bt maize in France. Based on field trials, we find that incremental private reversible benefits in the agricultural sector are -18...

In this paper we empirically assess and compare the environmental impact of pesticide programs for Bt, Ht (glufosinate) and conventional corn in Europe, employing the Environmental Impact Quotient. We use field trial data from Narbons, France 2004 as well as secondary data. Our results show that...

Opponents of the voluntary labeling scheme for genetically modified (GM) food products often argue that consumers have the ?right to know? and therefore advocate mandatory labeling. In this paper we argue against this line of reasoning. Using experimental auctions conducted with a sample of the...