Abstract
| Original language | English |
|---|---|
| Title of host publication | Battling Resistance to Antibiotics and Pesticides. An economic approach |
| Editors | R. Laxminarayan |
| Place of Publication | Washington DC |
| Pages | 214-237 |
| Number of pages | 23 |
| Publication status | Published - 2003 |
Publication series
| Name | Resources for the Future |
|---|---|
| Publisher | RFF Press |
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Keywords
- transgenic plants
- disease resistance
- costs
- cost benefit analysis
- economic analysis
Cite this
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Resistance Economics of Transgenic Crops under Uncertainty: A Real Option Approach. / Wesseler, J.H.H.
Battling Resistance to Antibiotics and Pesticides. An economic approach. ed. / R. Laxminarayan. Washington DC, 2003. p. 214-237 (Resources for the Future).Research output: Chapter in Book/Report/Conference proceeding › Chapter
TY - CHAP
T1 - Resistance Economics of Transgenic Crops under Uncertainty: A Real Option Approach
AU - Wesseler, J.H.H.
PY - 2003
Y1 - 2003
N2 - The development of pest resistance is one of the many concerns about the long-term success of transgenic crops. This chapter discusses resistances as additional irreversible costs related to the release of transgenic crops. These irreversible costs, their uncertainty, and the uncertainty about future direct benefits result in a real option value favoring a delay in the release of transgenie crops. This is a result well known in real option theory but ignored in most of the cost-benefit studies on transgenic crops
AB - The development of pest resistance is one of the many concerns about the long-term success of transgenic crops. This chapter discusses resistances as additional irreversible costs related to the release of transgenic crops. These irreversible costs, their uncertainty, and the uncertainty about future direct benefits result in a real option value favoring a delay in the release of transgenie crops. This is a result well known in real option theory but ignored in most of the cost-benefit studies on transgenic crops
KW - transgene planten
KW - ziekteresistentie
KW - kosten
KW - kosten-batenanalyse
KW - economische analyse
KW - transgenic plants
KW - disease resistance
KW - costs
KW - cost benefit analysis
KW - economic analysis
M3 - Chapter
SN - 9781891853517
T3 - Resources for the Future
SP - 214
EP - 237
BT - Battling Resistance to Antibiotics and Pesticides. An economic approach
A2 - Laxminarayan, R.
CY - Washington DC
ER -