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Food risks may be caused by moral hazard, i.e. by opportunisticbehaviour of upstream sellers who exploit the fact that many foodproduct qualities remain uncertain to downstream buyers in thecourse of conventional market transactions (credence qualities).Due to this lack of market transparency...
Persistent link: https://www.econbiz.de/10009443685
The probability that buyers are deceived with regard to the quality or safety of purchased products (moral hazard) increases with the profits which suppliers can earn through opportunistic behaviour. It decreases with the probability and level of losses that result from disclosure of...
Persistent link: https://www.econbiz.de/10005060604
This paper describes an interdisciplinary research project carried out on behalf of the Federal Ministry of Consumer Protection, Food and Agriculture. The project combines the knowledge of food experts with decision-orientated approaches from microeconomics and the social sciences. It examines...
Persistent link: https://www.econbiz.de/10005797927
The rise of a western-style middle class in many successful emerging economies like China currently is inducing deep structural changes on agricultural world markets and within the global agri-food business. As a result of both higher incomes and concerns over product safety and quality the...
Persistent link: https://www.econbiz.de/10008533293
Bislang ist wenig über das Verhalten von Landwirten bei Vertragsangeboten für die Lieferung nachwachsender Rohstoffe bekannt. In der vorliegenden Untersuchung wird deshalb die Akzeptanz von Landwirten für Industrierübenlieferverträge untersucht. Dabei zeigt sich, dass das Antwortverhalten...
Persistent link: https://www.econbiz.de/10009326529
Food risks may be caused by moral hazard, i.e. by opportunistic behaviour of upstream sellers who exploit the fact that many food product qualities remain uncertain to downstream buyers in the course of conventional market transactions (credence qualities). Due to this lack of market...
Persistent link: https://www.econbiz.de/10008800845