Showing 1 - 10 of 149
Persistent link: https://www.econbiz.de/10010386489
Persistent link: https://www.econbiz.de/10011685931
Persistent link: https://www.econbiz.de/10011612875
pt. 1. Global governance through private standards : the cases of natural resources, food and labour conditions -- pt. 2. Private food standards and global governance : economic perspectives -- pt. 3. Private food standards and global governance : legal perspectives.
Persistent link: https://www.econbiz.de/10011851804
Viscusi (1978) shows how, in markets with quality uncertainty, perfect certification results in separation from top … down due to an unraveling process similar to Akerlof (1970). De and Nabar (1991) argue that imperfect certification …' buying decision explicitly, a separating equilibrium with imperfect certification does exist. …
Persistent link: https://www.econbiz.de/10010333964
It is often argued that certifiers have an incentive to offer inflated certificates, although they deny it. In this paper, we study a model in which a certifier is paid by sellers, and may offer them inflated certificates, but incurs costs if doing so. We find that the certifier may face a...
Persistent link: https://www.econbiz.de/10010427598
This paper develops an analytical framework which structures the problem of whether, how and to what extent small producers in developing countries are disadvantaged by the increasing prevalence of food quality standards. Based on a literature review, the empirical evidence is structured and...
Persistent link: https://www.econbiz.de/10003908763
Who does, and who should initiate costly certification by a third party under asymmetric quality information, the buyer …-induced certification acts as an inspection device, whence seller-induced certification acts as a signalling device. Seller …-induced certification maximizes the certifier's profit and social welfare. This suggests the general principle that certification is, and …
Persistent link: https://www.econbiz.de/10003975228
Viscusi (1978) shows how, in markets with quality uncertainty, perfect certification results in separation from top … down due to an unraveling process similar to Akerlof (1970). De and Nabar (1991) argue that imperfect certification …' buying decision explicitly, a separating equilibrium with imperfect certification does exist. …
Persistent link: https://www.econbiz.de/10003985597
Persistent link: https://www.econbiz.de/10010511163