Leadership and the Provision of Safe Food
13 Pages Posted: 24 Mar 2020
Date Written: November 2001
Modern food production typically involves many interacting stages and two or more decision makers. There is reason to believe that inputs in determining quality likely complement. And it is not possible to regulate many of these inputs. In a food production system possessing these characteristics, we show that leadership by one or more firms through communicating actions may be used as a mechanism to increase overall food quality. As there may be no private incentive to lead, there may be strategic merit in assigning liability through legislation. We also suggest the possibility that genetics are leadership instruments in hog production systems.
Keywords: incentive structures, leadership, noncontractible, regulation, safety, systemic risk, Q180
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