South Korean Public Preferences for Genetically Modified Foods: A Random-Parameter Model

Benjamin M. Onyango and Ramu Govindasamy

Journal of Food Distribution Research, 2005, vol. 36, issue 01, 9

Abstract: Food biotechnology promises to deliver a wide range of enhanced consumer benefits. This study models consumer's willingness to trade-off the potential risks of GM foods with the possibility of extracting significant benefits. It estimates the marginal effects and relationships between product characteristics and consumer attributes on acceptance of GM foods for South Korea.

Keywords: Consumer/Household; Economics (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jlofdr:26752

DOI: 10.22004/ag.econ.26752

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