Cost‐Effective Hazard Control in Food Handling

14 Pages Posted: 31 Mar 2020

See all articles by John A. Fox

John A. Fox

Kansas State University - Department of Agricultural Economics

David Hennessy

Iowa State University

Date Written: May 1999

Abstract

We develop a bioeconomic model to investigate postharvest food quality control. The trade‐off between costly intervention and economic damage is studied when economic parameters, such as fixed and variable costs of control, and biological parameters, such as the stochastic rate of contamination and the growth rate of contaminants, are altered. The model can accommodate alternative environmental settings. Regulations through random inspections and through terminal inspections are analyzed. As an illustration, optimal actions to control insect infestations in stored wheat are simulated and found to be in accord with commercial practice.

Keywords: bioeconomics, food quality, grain storage, intervention strategies, spoilage, D180, Q180

Suggested Citation

Fox, John A. and Hennessy, David, Cost‐Effective Hazard Control in Food Handling (May 1999). American Journal of Agricultural Economics, Vol. 81, Issue 2, pp. 359-372, 1999, Available at SSRN: https://ssrn.com/abstract=3564523 or http://dx.doi.org/10.2307/1244587

John A. Fox (Contact Author)

Kansas State University - Department of Agricultural Economics ( email )

331J Waters Hall
Manhattan, KS 66506
United States
913-532-4446 (Phone)
913-532-6925 (Fax)

David Hennessy

Iowa State University

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