The effects of information on producer and consumer incentives to undertake food safety efforts: A theoretical model and policy implication

Agribusiness

Volumn 19, Issue 1, 2003, Pages 29-42

  Elbasha, Elamin H ^a   Riggs, T Lynn ^b  

^a MERCK RESEARCH LABORATORIES   (United States)

^b Chicago Census Research Data Center   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 13944250101     PISSN: 07424477     EISSN: 15206297     Source Type: Journal    
DOI: 10.1002/agr.10043     Document Type: Article

References (39)

1. Antle, J., (2000). No such thing as a free safe lunch: The cost of food safety regulation in the meat industry. American Journal of Agricultural Economics, 82(2), 310-322.
2. Antle, J., (2001). Economic Analysis of Food Safety. In B.Gardner & G.Rausser (Eds.), Handbook of agricultural economics (vol. Ib). Amsterdam: North-Holland.
3. Azzam, A., (1992). Testing the competitiveness of food price spreads. Journal of Agricultural Economics, 43, 248-256.
4. Azzam, A., and Pagoulatos, E., (1990). Testing oligopolistic and oligopsonistic behavior: An application to the U.S. meat packing industry. Journal of Agricultural Economics, 41, 362-370.
5. Buzby, J.C., and Frenzen, P.D., (1999). Food safety and product liability. Food Policy, 24, 637-651.
6. Buzby, J.C., Roberts, T., Lin, J.C.-T., and MacDonald, J.M., (1996). Bacterial food-borne disease: Medical costs and productivity losses. Washington: U.S. Department of Agriculture, Economic Research Service. AER No. 741.
7. Caswell, J., (1998). How labeling of safety and process attributes affects markets for food. Agricultural and Resource Economics Review, 27, 151-158.
8. Caswell, J.A., and Padberg, D.I., (1992). Toward a more comprehensive theory of food labels. American Journal of Agricultural Economics, 74, 460-468.
9. Chiang, AC., (1984). Fundamental methods of mathematical economics (3rd ed.). New York: McGraw-Hill, Inc.
10. Collins, J.E., (1997). Impact of changing consumer lifestyles on the emergence/reemergence of foodborne pathogens. Emerging Infectious Diseases, 3(4), 471-479.
11. Cooper, R., and Ross, W., (1985) Product warranties and double moral hazard. Rand Journal of Economics, 16(1), 103-113.
12. Daughety, A.F., and Reinganum, J.F., (1995) Product safety: Liability, R&D, and signaling. American Economic Review, 85 (5), 1187-1206.
13. Dixit, A.K., (1986). Comparative statics for oligopoly. International Economic Review, 27, 107-122.
14. Fein, S.B., Jordan, C.-T., and Levy, A.S., (1995). Foodborne illness: Perceptions, experience, and preventive behavior in the United States. Journal of Food Protection, 58(12), 1405-1411.
15. Foster, W., and Just, R.E., (1989). Measuring welfare effects of product contamination with consumer uncertainty. Journal of Environmental Economics and Management, 17, 266-283.
16. French, M., and Neighbors, D., (1991). A model of firm costs of compliance with food labeling regulations. In J.A.Caswell, (Ed.), Economics of food safety (pp. 229-325). New York: Elsevier.
17. Golan, E., Kuchler, F., and Mitchell, L., (2001). Economics of food labeling. Journal of Consumer Policy, 24(2), 117-184.
18. Hadden, S.G., (1986). Read the label: Reducing risk by providing information. Boulder, CO: Westview Press.
19. Henderson, J., and Quandt, R., (1980) Microeconomic theory: A mathematical approach. New York: McGraw-Hill, Inc.
20. Holmström, B., (1979). Moral hazard and observability. Bell Journal of Economics, 10, 74-91.
21. Ippolito, P.M., and Mathios, A.D., (1990). Information, advertising, and health choices: A study of the cereal market. Rand Journal of Economics, 21(3), 459-480.
22. Ippolito, P.M., and Mathios, A.D., (1995). Information and advertising: The case of fat consumption in the United States. American Economic Review, 85(2), 91-95.
23. Kolstad, C.D., Ulen, T.S., and Johnson, G.V., (1990). Ex Post liability for harm vs. Ex Ante safety regulation: Substitutes or complements? American Economic Review, 80, 888-901.
24. Magat, W.A., and Viscusi, K.W., (1992). Informational approaches to regulation. Regulation of Economic Activity Series (vol. 19). Cambridge: MIT Press.
25. Mead, P.S., Slutsker, L., Dietz, V., McCaig, L.F., Bresee, J.S., Shapiro, C., Griffin, P.M., and Tauxe, R.V., (1999). Food-related illness and death in the United States. Emerging Infectious Diseases, 5(5), 607-625.
26. Roe, B., (1999). Preventable food borne illness with dose-response damages: Optimal sharing of prevention between consumers and processors and the effect of product liability. Paper presented at the Annual Meetings of the American Agricultural Economics Association. Nashville, TN.
27. Roe, B., Teisl, M.F., Levy, A.S., Boyle, K., Messonnier, M.L., Riggs, T.L., Herrmann, M.J., and Newman, F.M., (2000). Consumers’ assessment of the food safety problem for meals prepared at home and reactions to food safety labeling. Journal of Food Products Marketing, 6(4), 9-26.
28. Schmitz, P., (2000). On the joint liability and safety regulation. International Review of Law and Economics, 20, 371-382.
29. Segerson, K., (1999). Mandatory versus voluntary approaches to food Safety. Agribusiness, 15(1), 53-70.
30. Sexton, R., (2000). Industrialization and consolidation in the U.S. food sector: Implications for competition and welfare. American Journal of Agricultural Economics, 82(5), 1087-1104.
31. Shapiro, C., (1989). Theories of oligopoly behavior. In R.Schmalensee & R.D.Willig (Eds.), Handbook of industrial organization (vol. 1). Amsterdam: North-Holland.
32. Stiglitz, J.E., (1989). Imperfect information in the product market. In R.Schmalensee & R.D.Willig (Eds.), Handbook of industrial organization (vol. 1). Amsterdam: North-Holland.
33. Swartz, D.G., & Strand, I.V. Jr. (1981). Avoidable costs associated with imperfect information: The case of Kepon. Land Economics, 57, 130-150.
34. Teisl, M.F., Bockstael, N.E., and Levy, A., (2001). Measuring the welfare effects of nutrition information. American Journal of Agricultural Economics, 83(1), 133-149.
35. Thomsen, M.R., and McKenzie, A.M., (2001). Market incentives for safe foods: An examination of shareholder losses from meat and poultry recalls. American Journal of Agricultural Economics, 83(3), 526-538.
36. Todd, E.C.D., (1987). Legal liability and its economic impact on the food industry. Journal of Food Protection, 50, 1048-1057.
37. Weaver, R.D., (1995). Mitigation, product substitution, and consumer valuation of undesirable foodborne effects. In J.A.Caswell (Ed.), Valuing food safety and nutrition. Boulder, CO: Westview.
38. Weiss, M.D., (1995). Information issues for principals and agents in the “market” for food safety and nutrition. In J.A.Caswell (Ed.), Valuing food safety and nutrition. Boulder, CO: Westview.
39. Westgren, R., (1999). Delivering food safety, food quality, and sustainable production practices: The Label Rouge poultry system in France. American Journal of Agricultural Economics, 81(5), 1107-1111.