Leadership and the Provision of Safe Food

13 Pages Posted: 24 Mar 2020

See all articles by David Hennessy

David Hennessy

Iowa State University

Jutta Roosen

Technische Universität München (TUM) - TUM School of Management

John Miranowski

Iowa State University - Department of Economics

Date Written: November 2001

Abstract

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

Suggested Citation

Hennessy, David and Roosen, Jutta and Miranowski, John, Leadership and the Provision of Safe Food (November 2001). American Journal of Agricultural Economics, Vol. 83, Issue 4, pp. 862-874, 2001, Available at SSRN: https://ssrn.com/abstract=3558616 or http://dx.doi.org/10.1111/0002-9092.00215

David Hennessy (Contact Author)

Iowa State University

Jutta Roosen

Technische Universität München (TUM) - TUM School of Management ( email )

Freising
Germany

John Miranowski

Iowa State University - Department of Economics ( email )

260 Heady Hall
Ames, IA 50011
United States

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