Artikel

Lending credence: motivation, trust, and organic certification

The information asymmetries inherent in credence goods have typically led economists to conclude these markets require well-defined quality standards and third-party verification that producers are meeting those standards. Nonetheless, many producers of credence goods appear to be opting out of certification. Why? This paper builds in previous research and develops a theoretical framework to think about how producers' motivation and relationships with consumers affect the necessity and effectiveness of certification. I find the degree to which a consumer trusts the producer of a credence good and the certification standard that governs it and the degree to which the producer is motivated to produce a good of a certain quality both have important effects on certification-based regulation.

Sprache
Englisch

Erschienen in
Journal: Agricultural and Food Economics ; ISSN: 2193-7532 ; Volume: 4 ; Year: 2016 ; Issue: 14 ; Pages: 1-18 ; Heidelberg: Springer

Klassifikation
Wirtschaft
Thema
Credence goods
Organic food
Certification
Agriculture
Trust
Intrinsic motivation

Ereignis
Geistige Schöpfung
(wer)
Holland, Steve
Ereignis
Veröffentlichung
(wer)
Springer
(wo)
Heidelberg
(wann)
2016

DOI
doi:10.1186/s40100-016-0058-5
Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Holland, Steve
  • Springer

Entstanden

  • 2016

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