Price uncertainty under EC milk quotas
研究了欧盟牛奶配额B方案下超级征税带来的价格不确定性如何影响生产决策，可能导致生产者理性超配额及供给周期性波动，影响资源配置效率。
The current arrangements for applying the super levy under the Formula B option introduce a new element of price uncertainty into milk production decisions. In these circumstances it may be rational for individual producers to exceed their quota. Cyclical fluctuations in aggregate supply could develop, with implications for the efficiency of resource allocation and current dairy policy.