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
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Englisch
- Erschienen in
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Journal: Agricultural and Food Economics ; ISSN: 2193-7532 ; Volume: 4 ; Year: 2016 ; Issue: 14 ; Pages: 1-18 ; Heidelberg: Springer
- Klassifikation
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Wirtschaft
- Thema
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Credence goods
Organic food
Certification
Agriculture
Trust
Intrinsic motivation
- Ereignis
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Geistige Schöpfung
- (wer)
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Holland, Steve
- Ereignis
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Veröffentlichung
- (wer)
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Springer
- (wo)
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Heidelberg
- (wann)
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2016
- DOI
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doi:10.1186/s40100-016-0058-5
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Holland, Steve
- Springer
Entstanden
- 2016