Food Waste: You Can't Always Want What You Get

Carmen Camacho, Agustin Perez-Barahona and Cagr Saglam
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Carmen Camacho: PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, PJSE - Paris Jourdan Sciences Economiques - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement
Agustin Perez-Barahona: THEMA - Théorie économique, modélisation et applications - CNRS - Centre National de la Recherche Scientifique - CY - CY Cergy Paris Université
Cagr Saglam: Bilkent University [Ankara]

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Abstract: Food waste constitutes a significant economic inefficiency and should therefore be a central policy issue. While in low-income countries food waste is often associated with poor harvesting, storage and transportation conditions, in middle-and high-income countries consumers' behavior is considered to be the main driver of this problem. The general aim of our paper is to contribute to the understanding of food waste. We focus on household food waste and the economic mechanisms behind it. We propose a stylized model in which food waste appears as an economic decision of households. Our framework of "rational food waste" relies primarily on consumer behavioural biases, which could be further encouraged by aggressive pricing strategies such as quantity discounts.

Keywords: Rational food waste; Behavioural bias; Price policies (search for similar items in EconPapers)
Date: 2024-11
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-04777546v1
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