The DOI matches its Crossref record; 5 of the 5 references it cites were found in a registry or an index.
Information asymmetry and the role of traceability systems
Abstract
The role of food traceability systems in resolving information asymmetry is explored. Three functions of traceability systems are identified: ex post reactive systems that allow the traceback of affected products in the event of a contamination problem so as to minimize social costs, ex post systems that facilitate the allocation of liability, and information systems that provide ex ante quality verification. A taxonomy of traceability systems illustrates the multidimensional nature of the information problems related to food safety and food quality. A model of ex ante quality verification and ex post traceability systems is used to demonstrate the different functions and incentives of a traceability system. Finally, examples of private sector and regulatory traceability initiatives are discussed within the context of the ex post and ex ante models developed in the paper. [EconLit citations: Q130; Q180; L150.] © 2004 Wiley Periodicals, Inc. Agribusiness 20: 397–415, 2004.
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Cites
The Informational Role of Warranties and Private Disclosure about Product Quality
Grossman, S. J. (1981) · The Journal of Law and Economics · doi:10.1086/466995 · Cited by 2,483
Using informational labeling to influence the market for quality in food products
Caswell, J. A., & Mojduszka, E. M. (1996) · American Journal of Agricultural Economics · doi:10.2307/1243501 · Cited by 790
A Game Theoretic Approach to Organic Foods: An Analysis of Asymmetric Information and Policy
McCluskey, J. J. (2000) · Agricultural and Resource Economics Review · doi:10.1017/s1068280500001386 · Cited by 266
Unifying Two Frameworks for Analyzing Quality and Quality Assurance for Food Products
Caswell, J. A., Noelke, C. M., & Mojduszka, E. M. (2002) · Springer eBooks · doi:10.1007/978-1-4757-5329-5_3 · Cited by 73
Market power and the Demsetz quality critique: An evaluation for food retailing
Cotterill, R. W. (1999) · Agribusiness · doi:10.1002/(sici)1520-6297(199924)15:1<53::aid-agr4>3.0.co;2-g · Cited by 50
Cited by
Consumer acceptance of novel food technologies
Siegrist, M., & Hartmann, C. (2020) · Nature Food · doi:10.1038/s43016-020-0094-x · Cited by 802
Damiaans, B., Renault, V., Sarrazin, S., Berge, A. C., Pardon, B., Ribbens, S., Saegerman, C., & Dewulf, J. (2019) · Preventive Veterinary Medicine · doi:10.1016/j.prevetmed.2019.104768 · Cited by 39
Metadata
- Authors
- Hobbs, J. E.
- Venue
- Agribusiness
- Publisher
- Wiley
- Published
- 2004-09
- Volume
- 20
- Issue
- 4
- Pages
- 397-415
- ISSN
- 0742-4477 (ISSN-L)
- 1520-6297
- OpenAlex
- W2076364520
- Cited by
- 288
- References
- 5
- FWCI
- 13.32
- Type
- journal article
- Language
- en
- Open access
- closed
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