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Price gouging versus price reduction in retail gasoline markets during Hurricane Rita
Henry Neilson
Economics Letters , 2009, vol. 105, issue 1, pages 11-13
Abstract:
Using extensive hand-collected retail gas prices, I show that there was no price gouging in Bryan/College Station during Hurricane Rita. Instead, the retail price markup dropped by twelve cents during the hurricane, despite most stations running out of gas.
Keywords: Price ; gouging ; Hurricanes ; Fair ; pricing ; Gasoline ; pricing (search for similar items in EconPapers)
Date: 2009
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Persistent link: http://EconPapers.repec.org/RePEc:eee:ecolet:v:105:y:2009:i:1:p:11-13
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