Abstract
Consumer resistance against GM crops is still substantial in the United States and Europe. We conducted an internet survey in the United States and Norway with more than 1,000 respondents in each country to estimate consumers' willingness to pay (WTP) for GM soybean oil, farmed salmon fed with GM soy, and GM salmon. The differences in WTP for the conventional as compared with the GM alternatives are relatively small. Only between 7 and 13% of the respondents indicated that they were willing to pay more than a 20% premium for each of the conventional alternatives as compared to the corresponding GM alternatives. The average WTP premiums range from 7.5 to 9.2%. This suggests a large similarity in WTP in Norway and the United States and across the three products.
Original language | English |
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Pages (from-to) | 1-11 |
Number of pages | 11 |
Journal | AgBioForum |
Volume | 20 |
Issue number | 2 |
Publication status | Published - 2017 |
Bibliographical note
Funding Information:The Research Council of Norway (BIONÆR) Grant no. 233800 provided financial support for this research.
Publisher Copyright:
© 2017 AgBioForum.
Keywords
- Consumer attitudes
- Genetically modified foods
- Salmon
- Soybeans
- Stated preference
- Willingness to pay
ASJC Scopus subject areas
- Biotechnology
- Food Science
- Agronomy and Crop Science
- Economics and Econometrics