| Registro completo |
| Provedor de dados: |
AgEcon
|
| País: |
United States
|
| Título: |
Understanding and Managing Behavioural Risks -The Case of Food Risks Caused by Malpractice in Poultry Production
|
| Autores: |
Hirschauer, Norbert
Zwoll, Stefan
|
| Data: |
2007-04-11
|
| Ano: |
2006
|
| Palavras-chave: |
Asymmetric information
Control theories
Economic misconduct
Game theory
Moral hazard
Principal-agent model
Opportunism
Protective factors
Relational risks
Food Consumption/Nutrition/Food Safety
A13
K32
K42
|
| Resumo: |
The probability that actors in economic relationships break rules increases with the profits they thus expect to earn. It decreases with the probability and level of short- and long-term losses resulting from disclosure. It also decreases with the level of social context factors and intrinsic values which shield actors from yielding to economic temptations. This paper assesses the relative merits of various scientific approaches concerned with risks in economic relationships and outlines their contribution to the study of opportunistic rule-breaking. Since the identification of (misdirected) economic incentives faced by firms and individuals represents the starting point for a systematic analysis of opportunism in any field, we also outline a microeconomic approach that systematically provides this crucial information. The approach is applied to the problem of food quality and safety threatened by opportunistic malpractice of food business operators. Its essentials are illustrated through a study which systematically searches for the temptations to break production-related rules in the poultry industries.
|
| Tipo: |
Working or Discussion Paper
|
| Idioma: |
Inglês
|
| Identificador: |
25762
http://purl.umn.edu/10287
|
| Editor: |
AgEcon Search
|
| Relação: |
Humboldt University Berlin>Institute for Agricultural Economics and Social Sciences>Working Paper Series
Working Paper
76
|
| Formato: |
33
application/pdf
|
