We theoretically examine a farmer’s coverage demand with area and individual insurance plans as either separate or integrated options. The individual and area losses are assumed to be imperfectly and positively correlated. With actuarially fair rates, the farmer will fully insure with the...

We theoretically examine a farmer’s coverage demand with area and individual insurance plans as either separate or integrated options. The individual and area losses are assumed to be imperfectly and positively correlated. With actuarially fair rates, the farmer will fully insure with the...

When a traceability system takes place, either when mandatory or voluntary, many questions arise that need to beaddressed and answered. One of the firsts concerns whether it introduces new costs with no gain in efficiency or,on the contrary, the system efficiency increases lowering costs and, as...

Germany is an important world level market for fresh fruit. Spain and Italy are the main suppliers of freshfruit on the German market while the main imported products are apple, grapes, peaches and oranges. The aim of thispaper is to assess the role country of origin plays in the preferences of...

Food consumers often query or ignore the risk assessments of scientists, the food industry andpublic bodies. This is widely acknowledged. It has been suggested that this ‘expert-lay discrepancy’is a relatively straightforward upshot of the fact that lay people lack the knowledge andtechnical...

We build a partial-equilibrium, two-country model to analyze some implications of the introduction of genetically modified (GM) products. In the model, innovators hold proprietary rights on the new technology, whereas farmers are (competitive) adopters; some consumers deem food produced from GM...

We review some of the most significant issues and results on the economic effects of genetically modified (GM) product innovation, with emphasis on the question of GM labeling and the need for costly segregation and identity preservation activities. The analysis is organized around an explicit...

Under current U.S. law, taxpayers can deduct up to 100 percent of their state income taxes from their adjusted gross income when calculating their federal income taxes. As a result, Iowans currently pay approximately $251 million less to the federal government than they would otherwise pay....

Replaced with revised version of paper 10/06/06.

We develop a new partial equilibrium, four-region world trade model for the soybean complex comprising soybeans, soybean oil, and soybean meal. In the model, some consumers view genetically modified Roundup Ready (RR) soybeans and products as weakly inferior to conventional ones; the RR seed is...