Can an Industry Voluntary Agreement on Food Traceability Minimize the Cost of Food Safety Incidents?
In the recent past the United States has had a number of severe food-safety outbreaks in the produce, vegetable and beef industry that greatly disrupted the food system. In all these outbreaks here were severe disruptions on sales that affected the whole industry, and it took an extended period of time to correctly locate the source of the outbreak. Traceability can be an effective tool to reduce the impact of food safety incidents my expediting the search for the origin of outbreaks. This paper investigates to what extent an industry-led voluntary agreement for providing traceability can reduce the cost of a food-safety outbreak. We find that a voluntary agreement on traceability can successfully reduce the cost of a food-safety outbreak but will unlikely achieve the optimal social level of traceability because of significant free riding.
|Date of creation:||2008|
|Contact details of provider:|| Web page: http://www.eaae.org|
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ags:eaae08:43860. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.