The twin problems of moral hazard and adverse selection are often blamed for the lack of insurance for many fruits and vegetables. This paper develops an alternative method of testing for adverse selection that uses a two-stage approach to determine the effects of technical inefficiency on the...

Entrepreneurship means making discrete changes in livelihood activities that involve substantial risks to income. While the rewards may be substantial, transactions costs may make decisions irreversible. This paper draws a comparison between entrepreneurship and technology adoption. Adopting a...

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...

The globalization of markets, increased specialization in customers services, shorter lead times,are among the main factors influencing the change in firms organization. The firms disintegrationis growing, leading to an increased demand for collaborative management along the supplychain. The...

Farmers Markets are receiving an increasing attention by both food chains actors and socialscientists. Economic and sociological studies are contributing to the comprehension of theseforms of exchange. Both consumers and producers are fostering their expectations about therenewal of a mode of...

Food consumers often query or ignore the risk assessments of scientists, the food industry andpublic bodies. This is widely acknowledged. It has been suggested that this ‘expert-lay discrepancy’is a relatively straightforward upshot of the fact that lay people lack the knowledge andtechnical...

This paper aims at comparing the innovative potential of leading food processing companies inemerging and developed economies. We asked ourselves how the clearly differing economicand social conditions of two areas that are only comparable in terms of their number ofinhabitants (about 16 to 18...

As national economies have integrated through removal of trade barriers, the potential for offshoringproduction was quickly recognized as a strategy to enhance firm performance. At thesame time, labor market reforms opened the door for outsourcing of labor services to specialistfirms that supply...