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The frequent exposures of food safety events in recent years have aroused extensive social concerns. Food quality and … safety are hot topics in the food engineering field. In a market with mutual competitions, the products of different … enterprises' decisions in yield and food quality under no resource constraint as well as with yield and quality under resource …
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This paper analyzes markets in which consumers do not directly observe the quality of the products but form their expectations about the quality based on the outcome of voluntary imperfect certification. I analyze how the certification fee impacts the decisions of the producers to apply for a...
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