DYNAMIC PRICING OF GENETICALLY MODIFIED CROP TRAITS

This paper considers the time path of prices for crop traits such as herbicide resistance, specifically whether they conform to Coase's conjecture that monopoly prices can't be sustained on durables. While property rights determine whether such traits are durables, prices for RR soybeans and Bt corn are consistent with Coase.


Issue Date:
2002
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/19656
Total Pages:
24
Series Statement:
Selected Paper




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

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)