Trust and Consumers Acceptance of Genetically Modified Foods: A Laboratory Experiment Involving U'S' - PowerPoint PPT Presentation

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Trust and Consumers Acceptance of Genetically Modified Foods: A Laboratory Experiment Involving U'S'

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... Acceptance of Genetically Modified Foods: A Laboratory Experiment Involving. U.S. and U.K. Subjects. Week 7 11 June 2003. Bert Morrow and Brett Hollett ... – PowerPoint PPT presentation

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Title: Trust and Consumers Acceptance of Genetically Modified Foods: A Laboratory Experiment Involving U'S'


1
Trust and Consumers Acceptance of Genetically
Modified Foods A Laboratory Experiment
InvolvingU.S. and U.K. Subjects
Bert Morrow and Brett Hollett Birmingham-Southern
College Birmingham, Alabama USA
  • Week 7 11 June 2003

2
General Research Questions
  • How do consumers make decisions about the foods
    that they eat?
  • How do these decisions vary across cultures?

3
More Specific Research Questions
  • What factors influence consumers willingness to
    purchase genetically modified food products?
  • Does the influence of these factors vary between
    U.S. and U.K. consumers?
  •  

4
What is trust?
  • A belief that others will not act to exploit
    ones vulnerabilities.

5
How does trust develop?
  • Trusting behavior may be motivated primarily by
    strong positive affect for the object of trust or
    by good rational reasons why the object of
    trust merits trust, or, more usually, some
    combination of both. Trust in everyday life is a
    mix of feeling and rational thinking.

6
Cognitive Trust
  • Cognitive-based trust is grounded in a careful,
    methodical thought process that culminates in a
    general belief that an object, individual, group
    or organization is trustworthy.

7
Affective Trust
  • Affect means to have an effect on influence
    produce a change in.
  • Affect can also refer to an emotion, feeling, or
    mood as a factor in behavior.
  • Affective-based trust is grounded in ones
    instincts, intuitions or feelings that culminate
    in a general belief that an object, individual,
    group or organization is trustworthy.

8
Descriptive StatisticsU.S. and U.K. Students
All student data are on a 7 point scale except
general trust which is on a 5 point scale.   p
lt .10 p lt .05
9
Multiple Regression ResultsU.S. and U.K.
StudentsDependent Variable WTP
p lt .10 p lt .05
10
Descriptive StatisticsU.S. and U.K. Adults
p lt .10 p lt .05   All adult data are on a 9
point scale.
11
Multiple Regression ResultsU.S. and U.K.
AdultsDependent Variable WTP
p lt .10 p lt .05
12
Conclusions
  • U.S. students are more trusting of GM foods and
    have a more positive attitude toward technology
    than U.K. students.
  • There are no differences between U.S. and U.K.
    students in their willingness to purchase GM
    foods.
  • When comparing U.S. and U.K. adults, the opposite
    results were found.
  • Among all students, general and affective trust
    were significant predictors of WTP. Cognitive
    trust and attitudes toward technology were not
    significant predictors.
  • Among all adults, affective trust was a
    significant predictor of WTP. Cognitive trust and
    attitudes toward technology were not significant
    predictors.
  • There is a lot of unexplained variation (about
    20) in U.K. students WTP relative to U.S.
    students.
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