Regulatory gaps in high-value food markets: a comparative analysis of truffle policies
British Food Journal, ss.1-16, 2026 (SCI-Expanded, Scopus)
- Yayın Türü: Makale / Tam Makale
- Basım Tarihi: 2026
- Doi Numarası: 10.1108/bfj-02-2026-0259
- Dergi Adı: British Food Journal
- Derginin Tarandığı İndeksler: Science Citation Index Expanded (SCI-EXPANDED), Scopus, ABI/INFORM, Index Islamicus, INSPEC, Natural Science Collection (ProQuest), Health Research Premium Collection (ProQuest), Materials Science & Engineering Collection (ProQuest), Technology Collection (ProQuest)
- Sayfa Sayıları: ss.1-16
- Anahtar Kelimeler: Credence goods, Food fraud, Food integrity, Food labelling, Information asymmetry, Regulatory design, Truffle products
- Ondokuz Mayıs Üniversitesi Adresli: Evet
Özet
Purpose – This study examines how regulatory design shapes information asymmetry in high-value food markets, comparing truffle policies across Türkiye, France and Italy. Design/methodology/approach – A comparative policy analysis was conducted using legislative frameworks from Türkiye (Turkish Food Codex), France (Décret n° 2012-129) and Italy (Legge 752/1985). The study employs Akerlof's “Market for Lemons” theory and credence goods literature to interpret quality uncertainty and calculates production cost asymmetries between authentic and synthetic products. Findings – Vertical, product-specific regulations in France and Italy function as strong market signals by clearly distinguishing authentic truffle products from synthetic substitutes. In contrast, Türkiye's horizontal regulatory framework allows semantic and visual ambiguities that obscure product quality at the point of purchase, creating conditions for adverse selection. Practical implications – The study proposes a three-pillar “smart regulation” model comprising risk-based auditing, mandatory negative labelling and digital traceability – offering a cost-effective alternative to full-surveillance enforcement for emerging markets. Originality/value – This study contributes to food policy and food integrity literature by demonstrating that market failure in premium food sectors can arise from regulatory architecture rather than from illegality or safety risks. By linking the asymmetric information theory with comparative regulatory analysis, the paper offers an original policy perspective on how transparency-oriented regulation can protect value creation in high-value agri-food markets.