Given the large number of certification systems in the food industry, it is surprising that there are only a few research approaches to the economics of certification. Certification schemes are used to ensure marketing claims for unobservable quality attributes. Under asymmetric information,...

In spite of the increasing number of certification schemes in the food sector, there is only few research about the economics of certification. Given the rapid growth and the lack of experience the actors have to cope with different forms of opportunistic behaviour. The following paper describes...