This book presents the first thorough economic analysis of current agricultural biotechnology regulation. The contributors, most of whom are agricultural economists working either in universities or NGOs, address issues such as commercial pesticides, the costs of approving new products, liability, benefits, consumer acceptance, regulation and its impacts, transgenic crops, social welfare implications, and biosafety.

Richard E. Just is Distinguished University Professor and former Chair, Department of Agricultural and Resource Economics, University of Maryland at College Park.

Julian M. Alston is Professor, Department of Agricultural and Resource Economics, University of California at Davis.

David Zilberman is Chair, Department of Agricultural and Resource Economics, University of California at Berkeley.