CORDIS Project
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This project explores how governance structures can influence consumer and producer behaviors towards sustainable food choices. It combines insights from institutional and behavioral economics to understand the dynamics of credence food transactions.
Changing consumers' and producers habits and preferences in favor of more sustainable-oriented foods can be (socially and privately) complex and costly.
New institutional economics explain these dynamics by analyzing the choice of the “most cost-economizing” governance structure to carry out a transaction where credence attributes are involved.
Consumption habits and/or production techniques for credence foods are adopted (as any other investment decisions) when a governance structure can ensure…
WAGENINGEN UNIVERSITY
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