Price gouging and the duty of easy rescue
Abstract What, if anything, is wrong with price gouging? Its defenders argue that it increases supply of scarce necessities; critics argue that it is exploitative, inequitable and vicious. In this paper, I argue for its moral wrongness and legal prohibition, without relying on charges of exploitation, inequity or poor character. What is fundamentally wrong with price gouging is that it violates a duty of easy rescue. While legal enforcement of such duties is controversial, a special case can be made for their legal enforcement in this context. This account distinguishes, morally, price gouging by corporations from that of individual entrepreneurs.
1978 ◽
Vol 36
(1)
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pp. 492-493
2016 ◽
Vol 32
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pp. 204-214
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2019 ◽
Vol 3
(4)
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pp. 209-222
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