Pre-empting public regulation with private food quality standards
Year: 2009
Type: article
Abstract: There has been a great deal of recent growth in the area of private food quality standards. This article analyses the incentives for setting private quality standards before governments do so. Since food quality standards are generally multifaceted, different types of standards will affect revenues differently. Our model shows that private firms can pre-empt public regulation by setting their own private food quality standards in order to choose the type of standards that minimises their costs. The emergence of private food standards in grocery retailing is discussed in this context.
DOI: 10.1093/erae/jbp040
Authors: J. J. McCluskey, J. A. Winfree
Institutions: Washington State University, University of Michigan
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
SDG: Zero hunger
Open Access status: green
OpenAlex ID: W1984482153