Food Safety Policies in Case of Economies of Scale in Meat Production: On WTA Compensations for Reduced Stocking, WTP for Antibiotic Reduction and Political Economy Bargaining
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This paper offers a novel institutional economics approach for conflict solving
in meat industries. We show how to apply a bargaining model in case of: (i)
economies of scale and strong competition favouring large scale production as
well as high stocking supported by increased antibiotic use, (ii) political power
in regulation, and, in contrast, (iii) consumers' requests and WTP for change.