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The paper develops a measure of consumer welfare losses associated with withheld information about BSE linkage with vCJD. food safety. The Cost of Ignorance (COI) is measured by comparing the utility of the informed choice with the utility of the uninformed one, under condition of improved...
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The agri-food chain today is significantly different from that of twenty years ago. Changing consumer demands, knowledge intensive technology, North American integration and globalization have all contributed to the evolution of the different segments of the chain, which include input suppliers,...
Persistent link: https://www.econbiz.de/10008558740
This paper explores the competing concepts of 'standards as barriers' and standards as catalysts' in the context of food safety standards in international trade in agricultural and food products. It is suggested that food safety standards can act as both a barrier to trade and the basis of...
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This study assesses quantitatively the economic incentives for firms to adopt food safety controls and the potential impact of a number of firm and market-specific characteristics on this behavior, focusing on the red meat and poultry-processing sector in Canada.
Persistent link: https://www.econbiz.de/10005338270
Lack of consumer trust and communication strategies are probably the main determinants of information failure in modern food markets. This study attempts to tackle these aspects affecting the quality of food information by investigating questions related to what topics are more relevant to...
Persistent link: https://www.econbiz.de/10009326130
We generalize the Tobit censored regression to permit unique unobserved censoring thresholds conditioned by covariates and a set of common response coefficients. This situation , we argue, is one arising frequently in applications of censored regression and we provide three diverse examples to...
Persistent link: https://www.econbiz.de/10009445207