| Autor: |
Kaneko, Naoya, Chern, Wen S. |
| Zdroj: |
Consumer Interests Annual; 2005, Issue 51, p5-24, 20p |
| Abstrakt: |
This paper reports results from an experimental auction conducted in Japan. The auction experiment featured simultaneous bidding for the non-GM and GM products, combined with a stated choice question. We first estimated separately the hypothetical and nonhypothetical discounts on GM food for respondents to accept them. We then jointly estimated nonhypothetical and hypothetical GM discount functions to find little evidence of hypothetical bias for a common food product. We found that Japanese consumers required about 40% discount on the GM foods. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Supplemental Index |
| Externí odkaz: |
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