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Effects of Information on Consumer Risk Perception and Willingness to Pay for Non-Genetically Modified Corn Oil

Taku Terawaki

No 19555, 2005 Annual meeting, July 24-27, Providence, RI from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This study examines the effects of scientific information about the safety of genetically modified corn oil on Japanese consumers' risk perception and on their willingness-to-pay. Practical results show that the information affects only the variance component of risk perception.

Keywords: Consumer/Household; Economics (search for similar items in EconPapers)
Pages: 32
Date: 2005
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea05:19555

DOI: 10.22004/ag.econ.19555

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