Cost-effective hazard control in food handling

John A. Fox, David A. Hennessy

Research output: Contribution to journalArticlepeer-review

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.

Original languageEnglish (US)
Pages (from-to)359-372
Number of pages14
JournalAmerican Journal of Agricultural Economics
Volume81
Issue number2
DOIs
StatePublished - May 1999
Externally publishedYes

Keywords

  • Bioeconomics
  • Food quality
  • Grain storage
  • Intervention strategies
  • Spoilage

ASJC Scopus subject areas

  • Agricultural and Biological Sciences (miscellaneous)
  • Economics and Econometrics

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