Making the "right" choice based on experiments: regulatory decisions for food and health
AbstractThis article shows how experiments revealing information about food quality and safety can contribute to regulatory debates on food and health. After detailing the motivations of regulation for the food sector, we underline the limits of theoretical welfare analysis. Despite challenges from behavioural economics, cost-benefit analysis using experimental results can complement theoretical analysis. In a brief review of laboratory and field experiments with food, we discuss their relative strengths and weaknesses and suggest an analytical approach of how to integrate experimental data into welfare analysis. An empirical application quantifies and compares the welfare impact of health information and a subsidy for fish. , Oxford University Press.
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Bibliographic InfoArticle provided by Foundation for the European Review of Agricultural Economics in its journal European Review of Agricultural Economics.
Volume (Year): 38 (2011)
Issue (Month): 3 (August)
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- Stephan Marette & Jutta Roosen & Sandrine Blanchemanche, 2011.
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40757, Institut National de la Recherche Agronomique, France.
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- Marette, Stéphan & Messéan, Antoine & Millet, Guy, 2012. "Consumers’ willingness to pay for eco-friendly apples under different labels: Evidences from a lab experiment," Food Policy, Elsevier, vol. 37(2), pages 151-161.
- Jean-Sauveur Ay & Raja Chakir & Stephan Marette, 2014. "Does living close to a vineyard increase the willingness-to-pay for organic and local wine?," Working Papers 2014/03, INRA, Economie Publique.
- Staudigel, Matthias, 2012. "On The Application Of Household Production Theory To Health And Nutrition," 52nd Annual Conference, Stuttgart, Germany, September 26-28, 2012 137389, German Association of Agricultural Economists (GEWISOLA).
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