000098511 001__ 98511
000098511 005__ 20180122214509.0
000098511 037__ $$a1163-2016-93113
000098511 041__ $$aen
000098511 245__ $$aNeoclassical consumer theory and genetically modified food
000098511 260__ $$c2005-08
000098511 269__ $$a2005-08
000098511 300__ $$a19
000098511 336__ $$aConference Paper/ Presentation
000098511 520__ $$aThree axioms underpin consumer choice in neoclassical theory: weak order, independence, and continuity. Two of these axioms may not hold, however, for consumers’ choices regarding genetically modified (GM) food. Consumers may evaluate product attributes differently depending on whether the food is GM or not, violating attribute independence. Some consumers may not want GM food at all, violating continuity. The axioms were empirically investigated with a choice experiment survey. The paper discusses evidence of violations of both independence and continuity, as well as a non-neoclassical approach to modelling consumer choice.
000098511 542__ $$fLicense granted by Najmus SAYADAT (sabuj006@gmail.com) on 2011-01-06T02:39:58Z (GMT):

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000098511 650__ $$aAgricultural and Food Policy
000098511 650__ $$aCommunity/Rural/Urban Development
000098511 650__ $$aConsumer/Household Economics
000098511 650__ $$aCrop Production/Industries
000098511 650__ $$aEnvironmental Economics and Policy
000098511 650__ $$aFarm Management
000098511 650__ $$aFood Consumption/Nutrition/Food Safety
000098511 650__ $$aResearch Methods/ Statistical Methods
000098511 6531_ $$agenetically modified food
000098511 6531_ $$aneoclassical
000098511 6531_ $$abounded rationality
000098511 6531_ $$achoice modelling
000098511 700__ $$aKaye-Blake, William
000098511 8564_ $$s240250$$uhttp://ageconsearch.umn.edu/record/98511/files/2005-19-neoclassical%20consumer%20theory%20and%20genetically%20modified%20food.pdf
000098511 887__ $$ahttp://purl.umn.edu/98511
000098511 909CO $$ooai:ageconsearch.umn.edu:98511$$pGLOBAL_SET
000098511 912__ $$nSubmitted by Najmus SAYADAT (sabuj006@gmail.com) on 2011-01-06T02:43:10Z
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  Previous issue date: 2005-08
000098511 982__ $$gNew Zealand Agricultural and Resource Economics Society>2005 Conference, August 26-27, 2005, Nelson, New Zealand
000098511 980__ $$a1163