This paper builds on the literature on the economic effects of the second-generation, consumer-oriented genetically modified products (GMPs). It analyses the market and welfare impacts of the introduction of these new products in markets, like the EU, that mandate the segregation and labelling...

This paper develops game-theoretic models of heterogeneous consumers to analyse the effect of cooperatives on quality-enhancing product innovation activity, the pricing of food products and the welfare of the groups involved, in the context of a mixed duopoly where an open-membership consumer...