+ Site Statistics
References:
52,654,530
Abstracts:
29,560,856
PMIDs:
28,072,755
+ Search Articles
+ Subscribe to Site Feeds
Most Shared
PDF Full Text
+ PDF Full Text
Request PDF Full Text
+ Follow Us
Follow on Facebook
Follow on Twitter
Follow on LinkedIn
+ Translate
+ Recently Requested

Behavioral dimensions of food security



Behavioral dimensions of food security



Proceedings of the National Academy of Sciences of the United States of America 109(31): 12315-12320



The empirical regularities of behavioral economics, especially loss aversion, time inconsistency, other-regarding preferences, herd behavior, and framing of decisions, present significant challenges to traditional approaches to food security. The formation of price expectations, hoarding behavior, and welfare losses from highly unstable food prices all depends on these behavioral regularities. At least when they are driven by speculative bubbles, market prices for food staples (and especially for rice, the staple food of over 2 billion people) often lose their efficiency properties and the normative implications assigned by trade theory. Theoretical objections to government efforts to stabilize food prices, thus, have reduced saliency, although operational, financing, and implementation problems remain important, even critical. The experience of many Asian governments in stabilizing their rice prices over the past half century is drawn on in this paper to illuminate both the political mandates stemming from behavioral responses of citizens and operational problems facing efforts to stabilize food prices. Despite the theoretical problems with free markets, the institutional role of markets in economic development remains. All policy instruments must operate compatibly with prices in markets. During policy design, especially for policies designed to alter market prices, incentive structures need to be compatible with respect to both government capacity (bureaucratic and budgetary) and empirical behavior on the part of market participants who will respond to planned policy changes. A new theoretical underpinning to political economy analysis is needed that incorporates this behavioral perspective, with psychology, sociology, and anthropology all likely to make significant contributions.

(PDF emailed within 0-6 h: $19.90)

Accession: 036517987

Download citation: RISBibTeXText

PMID: 20855628

DOI: 10.1073/pnas.0913213107


Related references

The macro dimensions of food security: economic growth, equitable distribution, and food price stability. Food Policy 25(3): 283-295, 2000

Food security: some macroeconomic dimensions. State of food and agriculture 1996: 259-321, 1996

The need for extension on food security: economic dimensions. Diffusion 9(4): 1-6, 1986

Food security: definitions, dimensions and role in WTO. NILF Rapport ( 2): vi + 63 pp., 1999

Social dimensions of food security and hunger: an overview. Harvest of want: hunger and food security in Central America and Mexico: 1-21, 1991

Four dimensions of food and nutrition security: definitions and concepts. SCN News ( 20): 20-25, 2000

Improving food security information systems in SADC: proposals for food security improvement developed by a workshop on Information for Food Security Policies and Programmes in the SADC region, Harare, Zimbabwe, 7-11 June 1993. Improving food security information systems in SADC: proposals for food security improvement developed by a workshop on Information for Food Security Policies and Programmes in the SADC region, Harare, Zimbabwe, 7-11 June 1993: vi + 69 pp., 1993

Rethinking the food security debate in Asia some missing ecological and health dimensions and solutions. Food Security 4(4): 657-670, 2012

The assessment of food security in homeless individuals: a comparison of the Food Security Survey Module and the Household Food Insecurity Access Scale. Public Health Nutrition 14(12): 2254-2259, 2013

Abbreviated measures of food sufficiency validly estimate the food security level of poor households: measuring household food security. Journal of Nutrition 129(3): 687-692, 1999

Defending food security in a free-market economy: the gendered dimensions of restructuring in rural Mexico. Human Organization 61(1): 68-79, 2002

Factoring social and cultural dimensions into food and livelihood security issues of marine fisheries: a case study of Kerala state, India. Working Paper Centre for Development Studies Trivandrum ( 299): 46 pp., 2000

Risk assessment for sustainable food security in China according to integrated food security--taking Dongting Lake area for example. Environmental Monitoring and Assessment 185(6): 4855-4867, 2013

The 18 Household Food Security Survey items provide valid food security classifications for adults and children in the Caribbean. Bmc Public Health 6: 26-26, 2006

Food security in Asia and the Pacific: issues for research. Report of the first meeting of the Food Security Working Group, June 18-30, 1979. Food security in Asia and the Pacific: issues for research Report of the first meeting of the Food Security Working Group, June 18-30, 1979: 47, 1979