Consumer willingness to pay for genetically modified vegetable oil and salmon in the United States and Norway

Kyrre Rickertsen, Geir W. Gustavsen, Rodolfo M. Nayga, Jr

Research output: Contribution to journalArticle

3 Citations (Scopus)

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 languageEnglish
Pages (from-to)1-11
Number of pages11
JournalAgBioForum
Volume20
Issue number2
Publication statusPublished - 2017 Jan 1
Externally publishedYes

Fingerprint

Plant Oils
willingness to pay
Salmon
Norway
vegetable oil
salmon
Soybean Oil
Internet
soybean oil
Surveys and Questionnaires
Willingness-to-pay
Genetically modified
Vegetable oils
Premium

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

Cite this

Consumer willingness to pay for genetically modified vegetable oil and salmon in the United States and Norway. / Rickertsen, Kyrre; Gustavsen, Geir W.; Nayga, Jr, Rodolfo M.

In: AgBioForum, Vol. 20, No. 2, 01.01.2017, p. 1-11.

Research output: Contribution to journalArticle

Rickertsen, K, Gustavsen, GW & Nayga, Jr, RM 2017, 'Consumer willingness to pay for genetically modified vegetable oil and salmon in the United States and Norway', AgBioForum, vol. 20, no. 2, pp. 1-11.
Rickertsen, Kyrre ; Gustavsen, Geir W. ; Nayga, Jr, Rodolfo M. / Consumer willingness to pay for genetically modified vegetable oil and salmon in the United States and Norway. In: AgBioForum. 2017 ; Vol. 20, No. 2. pp. 1-11.
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