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Food Policy: Stability, Sustainability, and Safety

In: Metaeconomics

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  • Gary D. Lynne

    (University of Nebraska–Lincoln)

Abstract

It is in the shared Other-interest to have a stable food supply. One way to ensure same is to help in paying the crop insurance payments associated with extreme weather events. It is also essential to ensure a sustainable Spaceship Earth System, historically accomplished through paying farmers to help offset the costs of sustaining soil and water resources. It became essential to ascertain what drove adoption of such practices. The research found the key was to not only offer financial incentives but to also induce Empathy conservation, a shared Other-interest. It was about nudging farmers into considering downstream effects of on-farm practices. Safe food is also an essential shared other-interest, leading to sharing in the costs of setting and ensuring food standards.

Suggested Citation

  • Gary D. Lynne, 2020. "Food Policy: Stability, Sustainability, and Safety," Palgrave Advances in Behavioral Economics, in: Metaeconomics, chapter 0, pages 167-190, Palgrave Macmillan.
    • Handle: RePEc:pal:paichp:978-3-030-50601-8_8
    DOI: 10.1007/978-3-030-50601-8_8
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