Food safety regulation and Governance - based on the tripartite game of regulatory authorities, government officials and food industries

Information asymmetry exists in the whole process of food safety supply chain in food market. There is a game relation among regulatory departments, government officials and food industries in the protecting and supervising of food safety. The market equilibrium depend on the strategy of regulatory departments, government officials and food industries. Through the construction of triple static game models, this paper proposes that we should assess the need/justification for food safety regulation, relationships between public and private food safety control systems, alternative forms that public food safety regulation can take strategic responses to food safety regulation, and the trade implications of national food safety controls.