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Firms innovate to prevent the presence of microbial pathogens in foods and to address other safety problems. To date, studies on the economics of food safety innovation are relatively rare. We designed a series of case studies of such innovation in the meat industry. Our objectives were to...
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Errors in traceability can significantly impact the moral hazard associated with producing safe food. The effect of moral hazard depends on the proportion of unsafe food costs that can be allocated to the responsible producer, which depends on the efficiency of the traceability system. In this...
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