This paper is a survey of the theory of stochastic optimal economic growth.

This paper characterizes the optimal use of sanitary and phytosanitary standards to prevent the introduction of harmful pests and diseases through international trade. Because established pest and disease infestations grow and spread over time their introduction has intertemporal consequences....

In Europe, in addition to public opposition to genetically modified food, the slow pace of development in agricultural and food biotechnology has been attributed to the lack of basic preconditions for commercial and innovative activities. The role and justification of a significant degree of...