Keyword: price gouging
Censoring Pleas for Help (1/23/1999)
Price control after natural disasters may misallocate scarce resources to less urgent needs
Keywords: censorship, electric generator, morality, natural disaster, price control, price gouging, profiteering
Happy Hogging! (1/16/2006)
Price hikes in anticipation of shortages can lead to re-allocation of scarce resources to higher-valued uses.
Keywords: gas, hoarding, Katrina, panic buying, price gouging, radio ad spots, resource allocation, shortage
Price Gouging - Historical vs Opportunity Cost cartoon (10/8/2017)
Pricing at opportunity cost rather than historical cost can solve market shortages. In other words, "price gouging" can be an unsung hero.
Keywords: cartoon, historical cost, opportunity cost, price gouging, scarcity, shortage
Price Gouging? - Historical Cost vs Opportunity Cost cartoon (4/12/2013)
Pricing at opportunity cost rather than historical cost can solve market shortages. In other words, "price gouging" can be an unsung hero.
Keywords: economics cartoon, flashecon, historical cost, opportunity cost, price gouging, Storm Sandy
Surge Pricing Ride Service (12/13/2014)
Dynamic pricing allows mobile-dispatched ride services such as Uber to digitally match supply and demand at the expense of regular taxi companies.
Keywords: dynamic pricing, medallion, price gouging, surge pricing, taxi, tip, Uber