Fishy labeling: Inter‐regional inequality of truthful product information

Over the past few years, food fraud has become a matter of great concern. We investigate how economic factors are related to the misdeeds of food retailers. Our model predicts that mislabeling is less likely in regions where (i) there are more sellers and (ii) the average income level is higher. The...

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Bibliographic Details
Published inContemporary economic policy Vol. 39; no. 4; pp. 831 - 848
Main Authors Kim, Sang‐Hyun, Lan, Hao
Format Journal Article
LanguageEnglish
Published Boston, USA Wiley Periodicals, Inc 01.10.2021
Western Economic Association
Subjects
Audits
Deoxyribonucleic acid
Descriptive labeling
DNA
Economic factors
Economic policy
experience goods
Fish
Food
food fraud
forensic economics
Inequality
Labeling
regional competition
Retailing industry
unequal learning
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Summary:Over the past few years, food fraud has become a matter of great concern. We investigate how economic factors are related to the misdeeds of food retailers. Our model predicts that mislabeling is less likely in regions where (i) there are more sellers and (ii) the average income level is higher. The empirical patterns found in the DNA test data are in line with the predictions. Our findings can inform regulators of which regions and fish species to focus on when auditing.
ISSN:1074-3529
1465-7287
DOI:10.1111/coep.12524