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Sammanfattning

In recent years, it has become common for downstream firms to impose Joint Private Standards (JPSs) on upstream producers. In this paper, we present an original model of a vertical relationship, explaining the incentives for and the effects of such JPSs with an example concerning food safety. The risk of a food crisis is endogenously determined. Using the concept of cartel stability (), it is shown that liability rules are crucial for JPSs to emerge, that a JPS can become a minimum quality standard, and that a more stringent JPS does not necessarily reduce the market risk.

Nyckelord

Private Standards; Safety; Vertical Relationships; Liability; Food Retailing

Publicerad i

Journal of Economics and Management Strategy
2012, volym: 21, nummer: 1, sidor: 179-212
Utgivare: WILEY-BLACKWELL

SLU författare

Globala målen (SDG)

SDG2 Ingen hunger

UKÄ forskningsämne

Samhällsvetenskap
Livsmedelsvetenskap
Ekonomi och näringsliv

Publikationens identifierare

  • DOI: https://doi.org/10.1111/j.1530-9134.2011.00320.x

Permanent länk till denna sida (URI)

https://res.slu.se/id/publ/56378