Production Decisions With Uncertain Markets: The Case Of Bt Corn
AbstractThe effect of marketing uncertainty due to consumer opposition over genetically modified (GM) grain is modeled in the context of a producer's decision to plant GM. The model shows that a tendency to plant less GM acreage and obtain premium prices for Non-GM grain is tempered by increased price risk.
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Bibliographic InfoPaper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2000 Annual meeting, July 30-August 2, Tampa, FL with number 21801.
Date of creation: 2000
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- K. K. Klein & W. A. Kerr & J. E. Hobbs, 1998. "The Impact of Biotechnology on Agricultural Markets," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 46(4), pages 441-453, December.
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