Public Regulation of Agricultural Biotechnology Field Tests: Economic Implications of Alternative Approaches

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dc.contributor.author Larson, Bruce A.
dc.contributor.author Knudson, Mary K.
dc.date.accessioned 2020-01-13T15:22:03Z
dc.date.available 2020-01-13T15:22:03Z
dc.date.issued 1991-11
dc.identifier.citation Larson, Bruce A.; Knudson, Mary K. (1991). "Public Regulation of Agricultural Biotechnology Field Tests: Economic Implications of Alternative Approaches." American Journal of Agricultural Economics 73(4): 1074-1082.
dc.identifier.issn 0002-9092
dc.identifier.issn 1467-8276
dc.identifier.uri http://hdl.handle.net/2027.42/153285
dc.description.abstract Federal oversight of agricultural biotechnology field testing is based on public concerns that unknown consequences could arise from such tests, and that firms may not adequately consider the public consequences of their research and development activities. In this paper, four general types of ex ante and ex post approaches to manage public risks from field testing are explored. The analysis shows that the approaches are least effective at facilitating the research process yet controlling public risks when the research firm is small in size and potential damages exceed the value of the firm.
dc.publisher Wiley Periodicals, Inc.
dc.publisher Oxford University Press
dc.subject.other Q180
dc.subject.other biotechnology
dc.subject.other environmental bond
dc.subject.other field tests
dc.subject.other liability
dc.subject.other standards
dc.subject.other Q160
dc.title Public Regulation of Agricultural Biotechnology Field Tests: Economic Implications of Alternative Approaches
dc.type Article
dc.rights.robots IndexNoFollow
dc.subject.hlbsecondlevel Economics
dc.subject.hlbtoplevel Business and Economics
dc.description.peerreviewed Peer Reviewed
dc.description.bitstreamurl https://deepblue.lib.umich.edu/bitstream/2027.42/153285/1/ajae1242435.pdf
dc.identifier.doi 10.2307/1242435
dc.identifier.source American Journal of Agricultural Economics
dc.owningcollname Interdisciplinary and Peer-Reviewed
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