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Welfare and Co-existence

David Zilberman and Justus Wesseler

A chapter in The Coexistence of Genetically Modified, Organic and Conventional Foods, 2016, pp 387-403 from Springer

Abstract: Abstract The backlash against the introduction of genetically modified (GM) crops and the concern about contamination of non-GM crops by genetic material originating from GM crops has resulted in a complex and costly legal and physical arrangement for coexistence of GM and non-GM agricultural product systems. It has also led to a new broad body of research on various aspects of co-existence. This chapter aims to understand some of the economic forces that lead to the need for co-existence, and to develop welfare economics-based mechanisms to solve it.

Keywords: Genetically Modify; Genetically Modify Crop; Land Allocation; Maize Streak Virus; Real Option Approach (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:nrmchp:978-1-4939-3727-1_30

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DOI: 10.1007/978-1-4939-3727-1_30

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