Typically, big changes in the economic system lead to alterations on the disposable income of families and thus on their spending for different type of products, including food. These may imply, in the long run, a structural modification of the quality of diet of the population. After the fall...

The paper considers the relationship between trust and governance structure from a Transaction Cost Economicsperspective. The role of trust in the coordinating decisions is variously conceptualized according to the theoreticalview adopted by the scholars. The present study adopt the...

The purpose of this study is to assess and evaluate the most important risks in selected Europeanand international food chains from the perspective of the buying company. The primary objectiveis to identify the “non-acceptable” risks in terms of damage potential and likelihood of...

Since the seminal work of Adam Smith, markets have been considered an efficienttool for co-ordinating the behaviour of economic agents. The basic characteristicof a market economy is that the complex system of interaction amongindividuals is not centrally coordinated. Under the assumption of...