Price gouging versus price reduction in retail gasoline markets during Hurricane Rita

Henry Neilson

Economics Letters, 2009, vol. 105, issue 1, 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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Citations: View citations in EconPapers (5)

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