Justus WesselerWageningen UniversityStuart SmythUniversity of SaskatchewanSara ScatastaUniversity of Hohenheim Until the recent financial crisis, biology-based industries were some of the most rapidly growing sectors of the world economy—the biofuels business was booming, agriculture commodity prices were high, agricultural biotechnology firms were making…
Stuart J. SmythUniversity of SaskatchewanJosé B. Falck-ZepedaInternational Food Policy Research InstituteRichard S. GrayUniversity of SaskatchewanAnwar NassemMcGill UniversityRobert PaarlbergWellesley CollegePeter W.B. PhillipsUniversity of SaskatchewanCarl E. PrayRutgers UniversitySara Savastano and Pasquale ScandizzoUniversity of Rome (Tor Vergata)Sara ScatastaUniversity of HohenheimJustus H.H. WesselerWageningen UniversityDavid ZilbermanUniversity of…
Odin K. KnudsenJ.P. Morgan This article argues that the severe (or Black Swan) event of a financial crisis provides the opportunity to address other threatening issues—energy insecurity and climate change with the associated extreme weather events. The financial crisis has been catalytic…
Gal Hochman, Deepak Rajagopal, and David ZilbermanUniversity of California-Berkeley To quantify the effect of biofuel on global oil markets, we extend the optimal export tax model to the global fuel market (henceforth, denoted as the Cartel-of-Nations model), recognizing that crude oil extraction…
James W. Richardson, Joe L. Outlaw, and Marc AllisonTexas A&M University A Monte Carlo simulation model for a commercial-scale microalgae farm in the US desert Southwest was developed and used to compare costs of producing algal oil with two levels of technology….
Augusto NinniUniversity of Parma and IEFE/Bocconi University, Milan, Italy Until 2008/2009, biofuels were considered among the best alternatives to oil consumption in a captive market such as transport fuels. Improvement of security of supply through partial substitution of imported oil, reduction of…
Pasquale L. Scandizzo and Sara SavastanoUniversity of Rome “Tor Vergata” The article aims at modelling adoption and diffusion decisions of farmers towards genetically modified crops under a real option framework. Modern GM crops help farmers to resolve two main sources of uncertainty:…
Philipp AerniUniversity of Bern and ETH Zurich, Switzerland Most countries claim to be committed to sustainable agriculture. Yet, the meaning of the term ‘sustainable agriculture’ is largely shaped by influential stakeholders in the public debate and their respective agendas. The resulting national…
Alexander J. Stein and Emilio Rodríguez-CerezoEuropean Commission, Joint Research Centre (JRC), Institute for Prospective Technological Studies (IPTS) This study addresses a new issue in the commercialization of GM crops, namely the occurrence of traces—or “low-level presence” (LLP)—of nationally unapproved GM material in…
Camille D. Ryan and Stuart J. SmythUniversity of Saskatchewan Innovation is more than just science. Innovation encompasses a diversity of disciplines, such as law (patents and freedom to operate), economics (spill-over benefits and returns to investment), political science (government policy and international…
