Our aim is to explore who pays the costs and who reaps the benefits of maintaining a dual-market system of genetically modified organisms (GMOs) and non-GMOs. We analyze the welfare effects of the introduction of consumer “hatred” given GMO technology and the introduction of GMO technology...

We present a theoretical treatment of the economics of variable rate technology and its interplay with information. The framework facilitates description of on-farm empirical profitability studies of variable rate nitrogen application on Illinois cornfields. We estimate site-specific ex ante...