David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Ezio Di Nucci
Jack Alan Reynolds
Learn more about PhilPapers
Business Ethics Quarterly 19 (2):275-293 (2009)
When prices for basic commodities increase following a disaster, these price increases are often condemned as ‘price gouging’. In this paper, I discuss what moral wrongs, if any, are most reasonably ascribed to accusations of price gouging. This discussion keeps in mind both practical and moral defenses of price increase following disasters. I first examine existing antigouging legislation for commonalities in their definitions of gouging and then present arguments in favor of the permissibility of gouging, focusing on the economic benefits of price increases following disasters. I argue that gouging takes the form of a specific failure of respect for persons by undercutting equitable access to essential goods. While I discuss anti-gouging legislation throughout this paper, my aim is to give an account of the moral wrongs associated with gouging rather than guidance for developing morally defensible anti-gouging legislation.
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
Jeffrey Moriarty (forthcoming). Is ‘Equal Pay for Equal Work’ Merely a Principle of Nondiscrimination? Economics and Philosophy:1-27.
Adam D. Bailey (2011). The Nonworseness Claim and the Moral Permissibility of Better-Than-Permissible Acts. Philosophia 39 (2):237-250.
Juan M. Elegido (2015). The Just Price as the Price Obtainable in an Open Market. Journal of Business Ethics 130 (3):557-572.
Adam Bailey (2011). The Nonworseness Claim and the Moral Permissibility of Better-Than-Permissible Acts. Philosophia 39 (2):237-250.
Similar books and articles
James J. Angel & Douglas M. McCabe (2009). The Ethics of Speculation. Journal of Business Ethics 90 (3):277-286.
Per Sandin & Misse Wester (2009). The Moral Black Hole. Ethical Theory and Moral Practice 12 (3):291 - 301.
Jeremy Snyder (2009). Efficiency, Equity, and Price Gouging: A Response to Zwolinski. Business Ethics Quarterly 19 (2):303-306.
Jeremy Snyder (2009). Efficiency, Equity, and Price Gouging. Business Ethics Quarterly 19 (2):303-306.
Julian Lamont & Christi Favor (2009). Price Gouging in Disaster Zones: An Ethical Framework. Social Alternatives 28 (1):49-54.
Matt Zwolinski (2010). Price Gouging and Market Failure. In Gerald Gaus, Julian Lamont & Christi Favor (eds.), ESSAYS ON PHILOSOPHY, POLITICS & ECONOMIC: INTEGRATION AND COMMON RESEARCH PROJECTS. Stanford University Press
Matt Zwolinski (2008). The Ethics of Price Gouging. Business Ethics Quarterly 18 (3):347-378.
Matt Zwolinski (2009). Price Gouging, Non-Worseness, and Distributive Justice. Business Ethics Quarterly 19 (2):295-306.
Matt Zwolinski (2009). Dialogue on Price Gouging. Business Ethics Quarterly 19 (2):295-303.
Added to index2009-03-05
Total downloads165 ( #21,489 of 1,796,563 )
Recent downloads (6 months)14 ( #51,084 of 1,796,563 )
How can I increase my downloads?