Food Fraud: Causes, Consequences, and Deterrence Strategies

Konstantinos Giannakas () and Amalia Yiannaka
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Konstantinos Giannakas: Department of Agricultural Economics, University of Nebraska–Lincoln, Lincoln, Nebraska, USA
Amalia Yiannaka: Department of Agricultural Economics, University of Nebraska–Lincoln, Lincoln, Nebraska, USA

Annual Review of Resource Economics, 2023, vol. 15, issue 1, 85-104

Abstract: Food fraud represents a serious threat to the integrity of the global agri-food marketing system and has received considerable attention by policy makers, academics, and the public at large. This review presents the conditions that enable fraudulent activity in agri-food supply chains (such as asymmetric information, imperfect certification processes, supply chain complexity, and weak monitoring and enforcement systems) and discusses recent efforts to document and deter food fraud and the growing theoretical and empirical literature on the economics of food fraud. The article concludes by identifying some gaps in the literature and provides suggestions for future research.

Keywords: food adulteration; mislabeling; asymmetric information; credence goods; certification; costly and imperfect enforcement (search for similar items in EconPapers)
JEL-codes: K42 L15 L66 M38 Q13 Q58 (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1146/annurev-resource-101422-013027

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