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We construct asset markets that are similar to those studied by Smith, Suchanek and Williams (Econometrica. 56, 1119–1151) in which bubbles and crashes tended to occur. The main difference between the markets studied here and those studied by Smith et al. is that in the markets studied...
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[eng] Consumer behaviour with regard to gmo's in the food supply: an experimental study - In this paper we study the French consumer behaviors with regard to the use of genetically modified organisms in the food supply. We report the results of an economic experiment in which we elicited...
Persistent link: https://www.econbiz.de/10008595098
[fre] L'article donne un aperçu de la méthode et des résultats des recherches en économie expérimentale des marchés. Le laboratoire montre que, pour des produits à durée de vie d'une période, il est possible de spécifier des règles de marché conduisant de façon très fiable aux prix...
Persistent link: https://www.econbiz.de/10008624892
In this paper we study the differences in European public opinion and consumer behavior with regard to the use of genetically modified organisms in the food supply. We report the results of an economic experiment in which we elicited willingness-to-pay information for products that contained...
Persistent link: https://www.econbiz.de/10008578635
We elicit willingness-to-pay information for similar food products that differ only in their content of genetically modified organisms (GMOs). Participants in the experiment are a demographically representative sample of French consumers. 35% of participants are unwilling to purchase products...
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