Business Ethics Quarterly:1-29 (forthcoming)

Authors
Ewan Kingston
Princeton University
Abstract
SARS-CoV-2 has unleashed an unprecedented global crisis that has caused the demand for essential goods, such as medical and sanitation products, to soar while simultaneously disrupting the very supply chains that allow individuals and institutions to obtain those essential goods. This has resulted in stark price increases and accusations of price gouging. We survey the existing philosophical literature that examines price gouging and identify the key arguments for regulators permitting such behavior and for regulators restricting such behavior. We demonstrate how the existing accounts are designed for localized emergencies rather than global persistent crises such as the coronavirus pandemic. In light of this, we highlight an understudied justification for price gouging that is much more salient during global crises: incentivizing increased production of essential goods. Furthermore, we pinpoint three conditions that help determine whether authorities should restrict price gouging during the coronavirus pandemic and similar global crises.
Keywords No keywords specified (fix it)
Categories (categorize this paper)
DOI 10.1017/beq.2021.15
Options
Edit this record
Mark as duplicate
Export citation
Find it on Scholar
Request removal from index
Revision history

Download options

PhilArchive copy


Upload a copy of this paper     Check publisher's policy     Papers currently archived: 65,703
External links

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

Exploitation, Vulnerability, and Social Domination.Nicholas Vrousalis - 2013 - Philosophy and Public Affairs 41 (2):131-157.
The Ethics of Price Gouging.Matt Zwolinski - 2008 - Business Ethics Quarterly 18 (3):347-378.

View all 16 references / Add more references

Citations of this work BETA

No citations found.

Add more citations

Similar books and articles

Objektivnost v krizi.Tadej Troha - 2021 - Filozofski Vestnik 41 (3).
COVID-19, the UN, and Dispersed Global Health Security.Sophie Harman - 2020 - Ethics and International Affairs 34 (3):373-378.
Global Pandemic Economic Crisis: Consequences and Opportunities for Ukraine.Igor Britchenko & Maksym Bezpartochnyi - 2020 - In Pandemic Economic Crisis: Changes and New. Sofia, Bułgaria: pp. 18-22.
After COVID-19: The Way We Die From Now On.Anna Magdalena Elsner - 2021 - Cambridge Quarterly of Healthcare Ethics 30 (1):69-72.

Analytics

Added to PP index
2021-07-08

Total views
6 ( #1,114,129 of 2,462,586 )

Recent downloads (6 months)
4 ( #179,038 of 2,462,586 )

How can I increase my downloads?

Downloads

My notes