Farm Animal Welfare - Testing for Market Failure
Many consumers are concerned with animal welfare in the conventional production of farm livestock. This concern can be related both to their own and othersâ€™ consumption. In the latter case, there is a negative externality from consumption. We suggest a survey design that enables us to test for a market failure in farm livestock production. Applying this to the question of battery cages in egg production, we cannot show that a market failure exists. The policy can be extended to general discussion of how potential market failures for all kind of farm livestock should be managed.
Volume (Year): 39 (2007)
Issue (Month): 01 (April)
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