Genetic Engineering and Risk in Varietal Selection of Potatoes

Kate Binzen Fuller; Gary W. Brester; Michael A. Boland

doi:10.1093/ajae/aax098

Genetic Engineering and Risk in Varietal Selection of Potatoes

Kate Binzen Fuller, Gary W. Brester, Michael A. Boland

Applied Economics

Research output: Contribution to journal › Article › peer-review

2 Scopus citations

Abstract

The objective of this case study is to examine the farm management decision of whether to adopt a new, genetically engineered potato variety. We describe the potato supply chain from seed production to final consumer products and explore how price and production risk interact to influence decision making at each link in that chain. We provide extensive supplemental material as well, including a teaching note with assignment and/or discussion questions, an introduction to and application of stakeholder theory, and a tool that assists students in calculating expected and simulated actual returns from their choice of potato variety.

Original language	English (US)
Pages (from-to)	600-608
Number of pages	9
Journal	American Journal of Agricultural Economics
Volume	100
Issue number	2
DOIs	https://doi.org/10.1093/ajae/aax098
State	Published - Mar 1 2018

Bibliographical note

Funding Information:
Kate Binzen Fuller is an assistant professor and extension specialist, and Gary W. Brester is a professor emeritus in the Department of Agricultural Economics and Economics at Montana State University. Michael A. Boland holds the E. Fred Koller Endowed Professorship in Agribusiness Management and Information Technology, and is Director of the Food Industry Center at the University of Minnesota. The authors would like to thank the Kimm family, especially Martin and Sue Kimm, as well as the Montana Seed Potato Improvement Association and Nina Zidack at the Montana Seed Potato Lab. Erika Refsland, Westin Kimm, Heather Smart, and Terry Smart provided research assistance. The usual disclaimers apply. A Montana Department of Agriculture Specialty Crop Block Grant and the USDA National Institute of Food and Agriculture, Hatch/Multistate project MONB0075 provided partial funding for this work. Correspondence can be sent to: [email protected].

Publisher Copyright:
© 2017 The Authors.

Keywords

Agricultural pests and diseases
farm management decisions
genetic engineering
potatoes
risk analysis
seed production

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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Genetic Engineering and Risk in Varietal Selection of Potatoes

Abstract

Bibliographical note

Keywords

UN SDGs

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