Measuring Willingness to Accept for GM Food by Characteristics

dc.creatorTae-Kyun, Kim
dc.creatorHyun-Ji, Lee
dc.creatorNa-Kyoung, Hong
dc.date2017-04-01T14:56:51Z
dc.date.accessioned2026-07-09T05:34:14Z
dc.descriptionKorean consumers' willingness to accept (WTA) for GM food are studied in this paper. This study compares hypothetical and nonhypothetical responses to choice experiment questions. We test for hypothetical bias in a choice experiment involving GM rice with differing characteristic attributes and multinomial logit model is applied to predict the estimated results. In general, hypothetical responses predicted higher probabilities of purchasing GM rice than nonhypothetical responses. Thus, hypothetical choices overestimate willingness to accept for GM rice. The results of this paper could contributes to government's GM food policies and subsequent studies, also improving economic welfare of farmers and consumers.
dc.identifierdoi:10.22004/ag.econ.103629
dc.identifierhttps://ageconsearch.umn.edu/record/103629/files/13252.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/103629
dc.identifier.urihttp://hdl.handle.net/123456789/565459
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/103629
dc.titleMeasuring Willingness to Accept for GM Food by Characteristics
dc.typeText

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