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Please use this identifier to cite or link to this item: http://purl.umn.edu/44394

Title: Optimal choice of Voluntary traceability as a food risk management tool
Authors: Souza Monteiro, Diogo M.
Caswell, Julie A.
Keywords: Traceability
food safety
principal-agent model
Issue Date: 2008
Abstract: Traceability systems are information tools implemented within and between firms in food chains to improve logistics and transparency or to reduce total food safety damage costs. Information about location and condition of products is critical when food safety incidents arise. This paper uses a principal-agent model to investigate the optimal choice of voluntary traceability in terms of precision of information on a given attribute at each link of a food chain. The results suggest that four scenarios may emerge for the supply chain depending on the costs of a system and whether or not the industry can internalize total food safety damages: no traceability, traceability for one link, equal traceability for all links, or different positive traceability levels across all links.
URI: http://purl.umn.edu/44394
Institution/Association: European Association of Agricultural Economists>2008 International Congress, August 26-29, 2008, Ghent, Belgium
Total Pages: 7
Collections:2008 International Congress, August 26-29, 2008, Ghent, Belgium

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