The use of organophosphate insecticides in apple production has become of regulatory concern since the Food Quality Protection Act passed into law in 1996. Through an expert opinion survey, we assess the economic impact of possible regulatory scenarios on the apple industry. Because experts are...

There exists much uncertainty about consumer attitudes toward genetically modified foods. If it happens that sufficient (insufficient) acres are planted under nonmodified seed to meet postharvest demand, then a price premium will not (will) emerge for the nonmodified varieties. A nonlinearity...

Results on the comparative statics of land rent under uncertainty published in this journal are extended. Rent increases under any first-degree (second-degree) stochastically dominating shift in the random variable if the utility function is increasing (increasing and concave). Rent also...