Motivated by an increasing interest in narratives in economics, we investigated the relevance of moral concerns in narratives for policy preferences. Specifically, taking the German debate about genetic engineering of foods (GE) as an example, we conducted a representative online survey in...

Ex-ante regulations and ex-post liabilities for using a new technology will induce additional costs for adopters. The standard model is advanced by including irreversibility and uncertainty and taking into account transaction costs of negotiating possible cost reductions. The case analysed is...