Overview
- Examines the economic incentives for food safety in the private marketplace and how public actions have helped shape those incentives
- Explores economic decision making within individual companies to understand the tradeoffs of the costs of food safety systems to comply with regulations
- Applies economic theory to food safety decision making in both the public and private sectors
Part of the book series: Food Microbiology and Food Safety (FMFS)
Part of the book sub series: Practical Approaches (PRACT)
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About this book
- why an excess of foodborne illness occurs
- what policies have worked best
- how regulations have evolved
- what the path forward to better control of pathogens in the U.S. and the international food supply chain might look like
While the first third of the book builds an economic framework, the remaining chapters apply economics to specific food safety issues. Numerous chapters explore economic decision making within individual companies, revealing the trade-offs of the costs of food safety systems to comply with regulations vs. non-compliance which carries costs of possible penalties, reputation damage, legal liability suits, and sales reduction. Pathogen control costs are examined in both the short run and long run.
The book's unique application of economic theory to food safety decision making in both the public and private sectors makes it a key resource for food safety professionals in academia, government, industry, and consumer groups around the world. In addition to Benefit/Cost Analysis and economic incentives, other economic concepts are applied to food safety supply chains, such as, principal-agent theory and the economics of information. Authors provide real world examples, from Farm-to-Fork, to showcase these economic concepts throughout the book.
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Keywords
Table of contents (18 chapters)
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Food Safety Economic Incentives in Regulations and in the Private Sector
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Economics of Foodborne Illness Metrics: When to Use What
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Case Studies in Applied Food Safety Economics
Editors and Affiliations
About the editor
Bibliographic Information
Book Title: Food Safety Economics
Book Subtitle: Incentives for a Safer Food Supply
Editors: Tanya Roberts
Series Title: Food Microbiology and Food Safety
DOI: https://doi.org/10.1007/978-3-319-92138-9
Publisher: Springer Cham
eBook Packages: Chemistry and Materials Science, Chemistry and Material Science (R0)
Copyright Information: Springer International Publishing AG, part of Springer Nature 2018
Hardcover ISBN: 978-3-319-92137-2Published: 08 January 2019
eBook ISBN: 978-3-319-92138-9Published: 21 December 2018
Series ISSN: 2629-1010
Series E-ISSN: 2629-1029
Edition Number: 1
Number of Pages: X, 411
Number of Illustrations: 6 b/w illustrations, 54 illustrations in colour
Topics: Agricultural Economics, Food Science, Microeconomics, Public Health, Health Economics, Food Microbiology