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REGULATIONS AND DIRECTIVES DEVELOPMENT


Pathogen Reduction Dialogue
Panel 4
The Costs and Benefits of Adopting Food Safety Interventions
May 7, 2002

 

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Slide 1 of 19 - Pathogen Reduction Dialogue, Panel 4: The Costs and Benefits of Adopting Food Safety Interventions, May 7, 2002

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Slide 2 of 19 - Market versus Government Allocation of Product Quality

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Slide 3 of 19 - The Decision-Making Criteria for Food Safety Interventions

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Slide 4 of 19 - Net Present Values Calculations of Firms versus Government Cost Benefit Analyses

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Slide 5 of 19 - Market Mechanisms Accruing Health Benefits

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Slide 6 of 19 - Market Mechanisms Accruing Health Benefits, Private Investment Yields an Obvious Change in Food Safety Quality (Profits>0)

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Slide 7 of 19 - Market Mechanisms Accruing Health Benefits, Contractual Arrangements Yielding Health Benefits (Profit>0)

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Slide 8 of 19 - Example of Food Safety Quality Contract

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Slide 9 of 19 - Instances When Private Markets Fail

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Slide 10 of 19 - FSIS Incentives Driving Private Investments That Yield Health Benefits, Shift Responsibility for Quality to Industry

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Slide 11 of 19 - FSIS Incentives Driving Private Inventments That Yield Health Benefits, Example: Not all plants use New Linespeed Inspection System

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Slide 12 of 19 - FSIS Incentives Driving Private Investments That Yield Health Benefits, Greater Regulatory Stringency to raise the cost of weak food safety quality control

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Slide 13 of 19 - FSIS Incentives Driving Private Inventments That Yield Health Benefits, New Regulations Raise Food Safety Costs

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Slide 14 of 19 - FSIS Incentives Driving Private Investments That Yield Health Benefits, Performance Standard Example (continued)

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Slide 15 of 19 - FSIS Incentives Driving Private Investments That Yield Health Benefits, New Regulations Raise Food Safety Costs

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Slide 16 of 19 - FSIS Incentives Driving Private Investments That Yield Health Benefits, Example 2: Per Unit Volume Process Standard

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Slide 17 of 19 - Summary: Markets fail because food safety cannot be easily measured

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Slide 18 of 19 - Summary: Incentives Offered by FSIS

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Slide 19 of 19 - Summary: Assessment

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Last modified: March 18, 2004