Many factors besides profit maximization such as nonmarket ecological and social benefits influence smallholder households to adopt one agricultural production system or another. Thus, different techniques are needed that take into consideration more than monetary income to fully capture these...

Advances in the genetic modification of agricultural seeds have allowed a range of new opportunities for manipulating seed traits according to production, market and environmental concerns. As seed varieties continue to become increasingly differentiated, preferences for specific seed traits may...

This article proposes a model of technology adoption that integrates demand for individual traits of new technologies with the potential for heterogeneity based on farm and farmer characteristics. The model is applied to recent genetically modified corn adoption data from Minnesota and Wisconsin...

Genetically modified corn seed companies have innovated continuously with the introduction of new traits and, more recently, with the creation of stacked varieties. This work develops a Bayesian model of adoption that demonstrates how uncertainty with a package technology can lead to a...