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Economics of Food Safety (Paperback, Softcover reprint of the original 1st ed. 1991)
Loot Price: R1,576
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Economics of Food Safety (Paperback, Softcover reprint of the original 1st ed. 1991)
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Public concern about the safety and healthfulness of the food
supply grew markedly during the 1980s. Numerous government,
academic, interest group, and media reports questioning the
adequacy of the food safety regulatory system formed the basis for
this increase in concern. While public concern focused most
directly on pesticide residues in food, scientists emphasized the
risks of illness associated with microbiological contamination of
food. Much additional attention was focused on the food supply as a
result of the striking consensus on dietary recommendations that
emerged in the late 1980s based on increased scientific knowledge
of linkages between diet and health. Relatively little research on
the economic aspects of food safety and nutrition issues had been
conducted up to the mid-1980s. These aspects are complex. On the
consumer demand side, they include consumers' perceptions of the
risks associated with particular food products, how demographic
characteristics influence consumers' processing of risk information
and subsequent changes in food demand behavior, and the monetary
value consumers might place on changes in the risk profiles of
products. The economic benefits and costs associated with current
food consumption patterns are a major determinant of demand for
improved food safety and dietary change through government
regulation. While a more complete picture of risks, benefits, and
costs has been emerging recently, much is yet unknown.
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