Within a general equilibrium model, this paper identifies a novel animal welfare externality that occurs if the private animal friendliness in a market economy falls short of the social animal friendliness used by the social planner when determining the efficient allocation. The animal welfare...

It is alleged that larger farms are less willing to adopt animal welfare-friendly production systems, though empirically-based knowledge on this issue is still lacking. Therefore, the aim of this study is to analyze pig and sow producer preferences for the adoption of animal welfare standards...