Khachaturyan, Marianna; Yiannaka, Amalia - International Association of Agricultural Economists - IAAE - 2012
We develop an analytical framework of heterogeneous consumers and producers to examine the market and welfare effects of Technology Use Agreements (TUAs) and variety-level Genetic Use Restriction Technologies (V-GURTs). Specifically, we examine an innovator’s decision to introduce V-GURTs into...