Arbeitspapier
Price Gouging or Market Forces? Fairness Perceptions of Price Hikes in the Pandemic
We report the results of surveys we conducted in the US and Israel in 2020, a time when many prices increased following the spread of the COVID-19 pandemic. To assess respondents’ perceptions of price increases, we focus on goods whose prices have increased during the pandemic, including some essential goods. Consistent with the principle of dual entitlement, we find that respondents perceive price increases as more acceptable if they are due to cost shocks than if they are due to demand shocks. However, we also find large differences across the two populations, as well as across goods.
- Sprache
-
Englisch
- Klassifikation
-
Wirtschaft
Price Level; Inflation; Deflation
Macro-Based Behavioral Economics: General‡
Micro-Based Behavioral Economics: General‡
Marketing
- Thema
-
Fairness Perceptions
Price Increases
The Pandemic
Dual Entitlement
Consumer Antagonism
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Snir. Avichai
Levy, Daniel
Levy, Dudi
Chen, Haipeng Allan
- Ereignis
-
Veröffentlichung
- (wer)
-
ZBW - Leibniz Information Centre for Economics
- (wo)
-
Kiel, Hamburg
- (wann)
-
2024
- Handle
- Letzte Aktualisierung
- 10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Snir. Avichai
- Levy, Daniel
- Levy, Dudi
- Chen, Haipeng Allan
- ZBW - Leibniz Information Centre for Economics
Entstanden
- 2024
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