THE ILLUSION OF CONTROL, COGNITIVE DISSONANCE AND FARMER PERCEPTION OF GM CROPS

We examine the correlation between farmers' beliefs and practices regarding GM crops with yield shocks from the previous year the crop was grown. Farmers who may have had poor yields due to weather, were more likely to change adoption decisions. Yields marginally affect farmers'’ beliefs regarding the EU ban on GMO’'s, or the adverse environmental affects of GM crops. This behavior is consistent with many known psychological biases.


Issue Date:
2004
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/19941
Total Pages:
30
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-24

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