Grower Response to Contracts and Risk in Genetically Modified (GM) Crops

Grower Response to Contracts and Risk in Genetically Modified (GM) Crops

Contract strategies can resolve some of the challenges that exist for property rights conformance of genetically modified (GM) crops. The purpose of this research is to determine how contract terms impact adoption decisions related to GM grain production and marketing. A simulation model was develop...

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Bibliographic Details
Main Authors: William W. Wilson, Bruce L. Dahl, Brett J. Maxwell
Format: Article
Language:English
Published: Western Agricultural Economics Association 2007-04-01
Series:Journal of Agricultural and Resource Economics
Subjects:
adoption risk
gm crops
incentives contracting
stochastic dominance
Online Access:https://ageconsearch.umn.edu/record/8593

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