Hoffmann, Vivian; Mutiga, Samuel; Harvey, Jagger; … - Agricultural and Applied Economics Association - AAEA - 2013
When quality is not observable by prospective buyers, theory predicts that the quality of marketed goods will suffer, and the volume of trade will be depressed. Using data from more than 2,000 maize samples collected in four Kenyan provinces, we show that the presence of aflatoxin, an invisible...