Dynamic pricing of Genetically Modified Crop Traits
AbstractThe issue considered here is the retail pricing of patented crop traits such as Roundup Ready herbicide resistance or Bt insect resistance. Our concern is not with the price of the seeds in which the traits are embodied, but rather with the implicit or explicit price for the traits themselves. Intellectual property rights are now available for traits, and while monopoly pricing of them has received some limited consideration in theeconomics literature1, no one has yet examined the possible implications of the durability of these traits as a factor in determining such monopolists' pricing behavior.
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Bibliographic InfoPaper provided by EconWPA in its series Industrial Organization with number 0501005.
Length: 15 pages
Date of creation: 06 Jan 2005
Date of revision:
Note: Type of Document - pdf; pages: 15. in The Governance of Agriculture, R. Evenson and V. Santianiello, eds., CABI, 2004
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Web page: http://126.96.36.199
Coase; dynamic monopoly; traits.;
Other versions of this item:
- Perrin, Richard K. & Fulginiti, Lilyan E., 2002. "Dynamic Pricing Of Genetically Modified Crop Traits," 2002 Annual meeting, July 28-31, Long Beach, CA 19656, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-01-09 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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