Retail consolidation, technological change in production and marketing, and growing consumer demand for produce have altered the traditional market relationships between producers, wholesalers, and retailers. Increasingly, produce suppliers are asked to provide additional marketing services and...

Rousu, M., W.E. Huffman, J.F. Shogren, and A. Tegene. ﾓEstimating the Public Value of Information: Genetically Modified Foods,ﾔ Land Economics, forthcoming.

Huffman, W.E. and Abebayehu Tegene. "Public Acceptance of and Benefits from Agricultural Biotechnology: A Key Role for Verifiable Information," in V. Santaniello, R.E. Evenson and D. Zilberman, eds. Market Development for Genetically Modified Foods, CAB International, 2002, pp. 179-189.

Food products containing genetically modified (GM) ingredients have entered the market over the past decade. The biotech industry and environmental groups have disseminating conflicting private information about GM foods. This paper develops a unique methodology for valuing independent...

A model of optimal dynamic agricultural supply is derived and hired assuming farmers have two annual stochastic crop production activities, a joint limitation on production capacity, interdependencies between past acreage utilization and current productivity, and rational expectations. A...

Malnutrition and food deprivation, which are concentrated in poor countries, have been a long-term concern of economists, but as per capita income in developed countries has grown in the 20th century, a new problem of over-nutrition leading to obesity has occurred. This paper develops models of...

Public debate continues over whether the United States should regulate genetically modified (GM) foods by imposing a mandatory labeling policy. This paper develops a model that shows that a voluntary GM-labeling policy results in higher welfare than a regulated mandatory GM-labeling policy, if...

Genetically modified (GM) foods have been engulfed in considerable controversy, and the early optimism has been dampened. Information issues--labeling and asymmetric information--are central to the GM-food debate. Furthermore, it is important to understand the reaction in developed countries to...

Two interested parties dominate the current debate on genetically modified (GM) foods: environmental groups and agribusiness companies. For the average consumer to arrive at an informed decision on these new foods, they must rely on information from interested parties. Unfortunately, information...