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...

By their direct effects on private profitability, invasive agricultural pests create special incentives for management that set them apart from other categories of invasive species. One attractive nonchemical management approach for agricultural pests relies upon biological control by natural...