Search results for "écolabel"

Designing ecolabels in order to mitigate market failures: an application to agrofood products

2007

For the market for ecofriendly characteristics of agrofood producs effectively, ùeans of mitigationg asymmetric information, informational overload and public goods properties are necessary. Ecolabel success requires a design and an implementation capable of mitigating simultaneously these three sources of market failures. Our contribution differs from many to date by (1) introducing and analyzing the informational overload as a source of market falure and (2) considering the ecolabel, not only as tool to re-establish information summetry between the producer and consumer but also as a way to overcome international overload and public goods problems. We analyze how these sources of market f…