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

Author

Listed:
  • 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])

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.

Suggested Citation

  • Carmen Camacho & Agustin Perez-Barahona & Cagr Saglam, 2024. "Food Waste: You Can't Always Want What You Get," PSE Working Papers halshs-04777546, HAL.
    • Handle: RePEc:hal:psewpa:halshs-04777546
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-04777546v1
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    References listed on IDEAS

    as
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