The production of food employs different kinds of biotechnologies, some of which are more controversial than others. The public and the agrifood sector have developed a number of responses to address their concerns about biotechnologies considered controversial. In this contribution the...

This article discusses to the evaluation of the economic sustainability of genetically modified free, "GM-free", product labeling. The rules and regulations governing the "GM-free" product label in the European Union are discussed in detail. The major question we address is whether the supply of...

The EU and the US launched negotiations on a Transatlantic Trade and Investment Partnership (TTIP) in July 2013. Among the TTIP aims, there are negotiable terms under which the EU would import more genetically modified (GM) products and change its labeling regulations on GM Organisms (GMOs)....

In this paper the option value of waiting under scientific uncertainty will be derived using the difference between the geometric Brownian motion and the mean reverting process by applying contingent claim analysis. The results will be compared with those generated by either using a geometric...

This article contributes to the ongoing discussion about the impact of different labeling practices on the quality of genetically modified (GM) food products as perceived by the consumer. Thus far, many studies have adopted a stated preferences approach, finding that consumers have different...