• Pro_info
  • Ver_info
  • Oct. 29, 2002 Consumers’ Resistance to gm-foods: The Role of Information in an Uncertain Environment by




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    ** Significant at the 5% level



    * Significant at the 10% level

    Appendix Table 6. Probit model: Tortilla Chips – Dependent variable = 1 if a consumer is are out of the market for Tortilla Chips (bid is 2/3’s of bid for plain-labeled chips)

    (Standard errors in parenthese, N=172)

    Regressors






















    Intercept

    -1.163 **

    -1.130 **

    -0.689 **

    -1.083 **

    -0.704 *

    -0.876 **

    -1.111 **

    -1.057 **




    (0.231)

    (0.264)

    (0.346)

    (0.441)

    (0.376)

    (0.366)

    (0.461)

    (0.463)

    Anti_info

    0.540 **

    0.534 **

    0.358

    0.451

    0.360

    0.389

    0.458

    0.460




    (0.271)

    (0.272)

    (0.299)

    (0.308)

    (0.299)

    (0.305)

    (0.313)

    (0.312)

    Pro_info








    -0.450 *

    -0.426

    -0.448 *

    -0.501 *

    -0.492 *

    -0.489 *










    (0.270)

    (0.273)

    (0.271)

    (0.275)

    (0.279)

    (0.280)

    Ver_info





    -0.061
















    -0.186







    (0.243)
















    (0.236)

    Income










    0.0053







    0.0044

    0.0046













    (0.0036)







    (0.0036)

    (0.0036)

    Labels













    0.024




    -0.129

    -0.117
















    (0.229)




    (0.244)

    (0.245)

    Informed
















    0.435 *

    0.425 *

    0.447 *



















    (0.234)

    (0.250)

    (0.252)





















































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    Oct. 29, 2002 Consumers’ Resistance to gm-foods: The Role of Information in an Uncertain Environment by

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