Recent facts involving food products and their effects on consumers' health have amplified risk and uncertainty in their markets. A new practice has emerged as an attempt to deal with such problems, the so-called third-party certification (TPC). In the perspective of consumers, TPC is supposed...

Psychological insights have been present in institutional economics since its beginning. Recently, cognitive aspects of institutional economics have been highlighted. The proposal of this paper is to offer other psychological insights related to institutional economics, which are complementary...