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Can politicians calm public fears of food-borne risks or do they adopt excessively stringent preventive measures?: A political economy approach

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  • Arahata, Katsumi

Abstract

The purpose of this paper is to examine politically sensitive food safety problems from the viewpoint of political economy. The model was built in order to clarify the behaviors of consumers and politicians, employing the prospect theory and the median voter theorem. Major findings and policy implications in this study are as follows: Firstly, as an outcome of the theoretical analysis, it is suggested that politicians may magnify consumers’ excessive response to food scares. Secondly, several countervailing factors that can mitigate such consumers’ excessive responses may exist. Nevertheless, in Japan, they may be weak or may have become weak and do not mitigate such excessive responses. Finally, it is recommended that politicians’ staff or advisers with scientific expertise should be reinforced. Furthermore, staff or advisers in consumer interest groups should also be reinforced in order to guide consumers with emotional food-borne risk scares in excess toward rational responses.

Suggested Citation

  • Arahata, Katsumi, 2009. "Can politicians calm public fears of food-borne risks or do they adopt excessively stringent preventive measures?: A political economy approach," 2009 Conference, August 16-22, 2009, Beijing, China 51621, International Association of Agricultural Economists.
  • Handle: RePEc:ags:iaae09:51621
    DOI: 10.22004/ag.econ.51621
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    References listed on IDEAS

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    1. Tresch, Richard W., 2014. "Public Finance," Elsevier Monographs, Elsevier, edition 3, number 9780124158344.
    2. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    3. repec:cup:jagaec:v:22:y:1990:i:01:p:33-40_00 is not listed on IDEAS
    4. Kramer, Carol S., 1990. "Food Safety: The Consumer Side Of The Environmental Issue," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 22(01), pages 1-8, July.
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