Upside risk, consumption value, and market returns to food safety

We investigate the effect of a modest food safety premium on semisubsistence farmers' investment in a food safety technology. We demonstrate theoretically that in the face of production uncertainty, a market incentive below the marginal production cost of achieving the safety standard can increase f...

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Bibliographic Details
Main Authors: Hoffmann, Vivian, Kariuki, S., Pieters, J., Treurniet, M.
Format: Journal Article
Language:Inglés
Published: Wiley 2023
Subjects:
Online Access:https://hdl.handle.net/10568/124974

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