Purpose – The concept of “price gouging” during times of emergency, such as in the aftermath of Katrina, often evokes quite an emotional and reactive response from people who are outraged that stores and companies would increase their prices during a time of emergency. The problem is that...

Purpose – The concept of “price gouging” during times of emergency, such as in the aftermath of Katrina, often evokes quite an emotional and reactive response from people who are outraged that stores and companies would increase their prices during a time of emergency. The problem is that...

Purpose – The purpose of this paper is to highlight the importance of property rights institutions to disaster relief efforts, with a focus on the US Federal Emergency Management Agency in the aftermath of Hurricane Katrina in New Orleans, Louisiana. Design/methodology/approach – The paper...

Purpose – The purpose of this paper is to examine the effect the rebuilding of the casino industry has had on the recovery efforts from Katrina. Design/methodology/approach – The paper uses quarterly data from four states affected by Katrina, and a simple OLS model to test the effect the...

Purpose – The purpose of this paper is to explore the relationship between beliefs and economic policy in the context of gasoline prices following Hurricane Katrina. Design/methodology/approach – The paper applies three contributions – by North, Caplan and Higgs – to the question of...

Purpose – The purpose of this paper aims to explore the reports of housing shortages in post‐Katrina New Orleans especially for low‐income residents in the face of a returning working poor population. Despite the availability of housing vouchers by the New Orleans Housing Authority to any...

Purpose – The paper aims to discuss bureaucratic management, over‐confidence in scientific theory, information distortion and lack of coordination with particular focus on the post‐Hurricane Katrina situation. Design/methodology/approach – The paper examines efficiency arguments for...