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Comparison of Perception of Risk and Willingness to Consume GM Foods

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Author Info

  • Wachenheim, Cheryl J.
  • Nganje, William E.
  • Lesch, William C.

Abstract

The dichotomy between perceptions of the acceptability of risk associated with genetically modified (GM) foods and willingness to consume GM foods is investigated. Results indicate that some consumers are willing to consume GM foods even though they may perceive such foods as somewhat unsafe, with determinants such as self-perceived knowledge about the availability of GM foods and altruistic motives having positive and significant impacts on their consumption decision. Efforts towards decreasing perceptions of risk and ultimately increasing acceptance of, and demand for, GM foods should address issues related to their altruistic characteristics and outrage.

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File URL: http://purl.umn.edu/6876
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Bibliographic Info

Paper provided by North Dakota State University, Department of Agribusiness and Applied Economics in its series Agribusiness & Applied Economics Report with number 6876.

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Date of creation: 2008
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Handle: RePEc:ags:nddaae:6876

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Related research

Keywords: Genetic modified foods; multinomial logit; risk perception; willingness to consume GM foods; Food Consumption/Nutrition/Food Safety; Q19; D12;

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