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Beliefs, Bias, and Regime Uncertainty after Hurricane Katrina

International Journal of Social Economic, Forthcoming

28 Pages Posted: 15 May 2008  

Art Carden

Brock School of Business, Samford University; Independent Institute

Abstract

This essay explores the relationship between beliefs and economic policy in the context of gasoline prices after Hurricane Katrina. Evidence of "anti-market bias" is identified in polling data, press releases, and legislation, and it is argued that the uncertainty emanating from statutes restricting "price gouging" may reduce investment in the provision of "necessary goods and services" after natural disasters.

Suggested Citation

Carden, Art, Beliefs, Bias, and Regime Uncertainty after Hurricane Katrina. International Journal of Social Economic, Forthcoming. Available at SSRN: https://ssrn.com/abstract=1133185

Art Carden (Contact Author)

Brock School of Business, Samford University ( email )

800 Lakeshore Drive
Birmingham, AL 35229
United States

HOME PAGE: http://www.artcarden.com

Independent Institute ( email )

100 Swan Way
Oakland, CA 94621-1428
United States

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