Microbial pathogens and pesticide residues in food pose a financial burden to society which can be reduced by incurring costs to reduce these food safety risks. We explore three valuation techniques that place a monetary value on food safety risk reductions, and we present a case study for each:...

Sodium Ürtho-phenylphenate (SOPP) is a postharvest pesticide commonly used on citrus. SOPP poses some food safety risks and is currently in the Environmental Protection Agency's Stage IV of the pesticide re-registration process. Costs to the fresh grapefruit industry are estimated for increases...

In a split-sample contingent valuation study of willingness to pay (WTP) for food safety improvements, the dichotomous choice (DC) elicitation method consistently generated much larger estimates of WTP than did a continuous method. Little or none of these differences was due to bias introduced...

This paper explores methodological and demographical reasons for differences in estimated social costs from foodborne Escherichia coli O157:H7 between the United States and United Kingdom (UK). Depending on the evaluation method, estimated U.S. costs average $10,000-17,000/case while estimated...

Just as international food and agricultural trade has increased over time, food safety has become increasingly important. This paper discusses the economic framework of food safety and international food trade. Both the private and public sectors within individual countries have incentives to...

There are few peer-reviewed or major published studies that estimate the total amount of food loss in developed countries and even fewer attempt to estimate the monetary value. We compiled estimates of the amount and value of food loss for more than 200 individual foods in the United States...

This article uses marketing margin theory and Gardner's six equation model to estimate the impacts of banning a postharvest pesticide from use in the fresh grapefruit industry. Specifically, the study calculated four impacts of a postharvest pesticide ban: the impacts are on the farm price,...