The growing interdependence of firms across the globe with seeming rise in the incidence of both intentional and unintentional security events (terrorism, food contamination, etc.), has exposed, and often contributed to, the vulnerabilities of many firms and their supply chain partners. It is...

Food safety events in the recent past have generated significant media attention and resulted in increased concerns over the food on the plate. A recent study (Degeneffe et al., 2007) on consumer perceptions of bio-terrorism and food safety risks shows increasing concern over food safety and...

The incidence of food security breaches has been on the rise over the past decade. The goal of this paper is to devise an optimum investment strategy by food companies (retailers and manufacturers) to mitigate exposure to catastrophic risks. To do this, we develop and estimate a simple...

Information technology (IT) facilitates information exchange between retailers and suppliers. Based on evidence from food industry, information strategies under uncertainty are analyzed, using game theory. Some key results are under certain conditions, retailers withhold valuable sales data from...