Showing 1 - 10 of 325,264
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...
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This study intends to understand how disaster is related to countries' production efficiency using a sample of 137 countries over 1980 - 2011. We analyze the effect of the number of man-made and natural disaster occurrences on countries' technological change (swift of the frontier) and...
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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...
Persistent link: https://www.econbiz.de/10005081269
bureaucracy. It discusses private and public sector responses to the situation in New Orleans following Katrina and to disasters … that a large and bureaucratized response to disasters hinders economic calculation, incentive structure, and property … that the role of the price system in allocating resources is especially important following disasters and that in order to …
Persistent link: https://www.econbiz.de/10005081324
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...
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