The United States claims that the undervaluation of Chinese currency, the Yuan, causes U.S. exports to China to decrease and imports from China to increase. Furthermore, because the Yuan is undervalued only against the dollar, U.S. competitors have an advantage in exporting to China and China...

Availability of information has increased rapidly over the past decades. Yet, information on food safety is still considered problematic. Economists have extensively researched the effects of imperfect information. However, little attention has been paid to the institutional organization of the...