Surkov, Ilya V.; Lansink, Alfons G.J.M. Oude; Werf, … - In: European Review of Agricultural Economics 36 (2009) 3, pp. 295-320
Plant import inspection can prevent the introduction of exotic pests and diseases, thereby averting economic losses. We explore the optimal allocation of a fixed budget, taking into account risk differentials, and the optimal-sized budget to minimise total pest costs. A partial-equilibrium...