Jauernig, Johanna; Uhl, Matthias; Pies, Ingo - In: Public Choice 203 (2025) 1-2, pp. 139-155
External shocks (e.g., due to a pandemic) may lead to price jumps in the short term. Rather than being read as a signal of increased scarcity, the resulting “price gouging” is often ascribed to sellers’ selfish exploitation of the crisis. In our experimental study, we investigate the...