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- W2324657186 abstract "H OARDING is one of the earliest manifestations of impending scarcity. It starts when the earliest rumors begin to circulate that there is likely not to be enough of a commodity to go around. It may be precipitated by the earliest difficulties or delays experienced by buyers in obtaining the article; it may be started by the mere intimation that such difficulties or delays are likely to occur. The term hoarding is usually applied only to the practice of the ultimate consumer in buying more of a potentially scarce article than he expects to use currently. He stores or hoards the surplus as a provision for the future. Probably there is hardly a household in the land in which excess buying has not occurred to some extent during the past three or four years.1 If the practice of hoarding a commodity becomes sufficiently widespread and the public hysteria which gives rise to it becomes sufficiently violent, rationing may become necessary even though the supply is ample to satisfy all reasonable needs. But the practice of hoarding in anticipation of scarcity is not confined to ultimate consumers. Merchants also are guilty of it. As supply shrinks, they cease" @default.
- W2324657186 created "2016-06-24" @default.
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- W2324657186 date "1945-10-01" @default.
- W2324657186 modified "2023-09-27" @default.
- W2324657186 title "Wartime Adventures in Equitable Distribution Short of Rationing: Control of Merchants' Inventories" @default.
- W2324657186 doi "https://doi.org/10.1177/002224294501000203" @default.
- W2324657186 hasPublicationYear "1945" @default.
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