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Economics

Retrospective Theses and Dissertations

Environmental Sciences

1991

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Full-Text Articles in Life Sciences

The Economics Of Food Safety: An Experimental Approach , Seung Youll Shin Jan 1991

The Economics Of Food Safety: An Experimental Approach , Seung Youll Shin

Retrospective Theses and Dissertations

Food safety issues have received increased attention from scientific and consumer groups alike in recent years. Pathogenic microbiological agents have been shown to be a major contributor to food-borne illnesses in the United States. The presence and cost of these pathogens has become a major issue for policy makers, consumers, and producers;Estimated economic losses to society attributable to food-borne diseases have been large. These estimated losses usually have been based on direct consumer losses and likely represent an underestimation of the true economic costs. Morbidity costs, such as consumers' willingness to pay (WTP) to reduce their chance of becoming ...