3 ms·

Price gouging is not perverse, price gouging is a control on hoarding.

• danharaj 9y ago
  You can't think of any perverse effects on distribution that price gouging can have?
  • Bud 9y ago
    Yes, we can, but the argument is that the effects of higher prices are less severe than the effects of hoarding.
  • qubex 9y ago
    On the contrary, heightened prices can make hitherto-unprofitable supply chains feasible and bring more of the good to the market even during the period of inelastic shock.