Asymmetric Information and Food Safety: Maize in Kenya

dc.creatorHoffmann, Vivian
dc.creatorMutiga, Samuel
dc.creatorHarvey, Jagger
dc.creatorNelson, Rebecca
dc.creatorMilgroom, Michael
dc.date2017-04-01T14:45:31Z
dc.date.accessioned2026-07-09T07:12:42Z
dc.descriptionWhen quality is not observable by prospective buyers, theory predicts that the quality of marketed goods will suffer, and the volume of trade will be depressed. Using data from more than 2,000 maize samples collected in four Kenyan provinces, we show that the presence of aflatoxin, an invisible and dangerous fungal contaminant, is not reflected in maize prices but does affect how maize is used. This apparent market failure reduces the quality of maize available on the market. In addition, we show that self-produced maize is a normal good.
dc.identifierdoi:10.22004/ag.econ.151288
dc.identifierhttps://ageconsearch.umn.edu/record/151288/files/Hoffmann_asymmetric_info.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/151288
dc.identifier.urihttp://hdl.handle.net/123456789/585741
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/151288
dc.titleAsymmetric Information and Food Safety: Maize in Kenya
dc.typeText

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