Pre-empting public regulation with private food quality standards
分析了私人企业在政府之前制定食品质量标准的动机,模型显示企业可通过设定私人标准选择成本最低的类型,从而规避公共监管。
There has been a great deal of recent growth in the area of private food quality standards. This article analyses the incentives for setting private quality standards before governments do so. Since food quality standards are generally multifaceted, different types of standards will affect revenues differently. Our model shows that private firms can pre-empt public regulation by setting their own private food quality standards in order to choose the type of standards that minimises their costs. The emergence of private food standards in grocery retailing is discussed in this context.