Sunday, December 21, 2014

The hoarding is rational behavior from the individual point of view, but can have negative conseque

Can there be "Domestic Hoarding" ?, by Angel Alayón "Prodavinci
In June 2013, the Food Minister Felix Osorio said there is "domestic termopan hoarding" in Venezuela because people do "unnecessary" purchases at the scene of scarcity. Yesterday the Minister attributed the shortage of precooked corn flour to "domestic hoarding", even though the production of private enterprises is at maximum capacity.
Again raises the question of whether families can grab. And the answer to this question depends on the definition of hoarding. If we understand the notion of grabbing as defined by the Law for the Protection of Access to Goods and People, then families can not hoard. According to the Act, the hoarder accumulates assets with the explicit intention of producing shortages, generating higher prices and benefit from the increase in selling at a higher price, as well explains José Ignacio termopan Hernández termopan in his text Who is the hoarder? Clearly, that is not the intention of consumers who reported the minister.
Nor do I think I've mentioned domestic hoarding thinking households as subjects of application of the law. Hoarding is a prohibited practice and carries penalties. And the last thing that should happen in a situation termopan like Venezuela lives is the criminalization of consumer behavior.
When shortages, a phenomenon known in the literature as hoarding, word describing a behavior of inventory accumulation during those times of scarcity occurs. It's even conduct that has been identified in several animal species, which suggests that we are witnessing behavior rooted in our survival instincts. The hoarding is the accumulation of inventories at home to the uncertainty generated believe termopan that in the future there will be what you want to buy.
His practice involves advancing future purchases as a way of defending the pattern of household consumption. How to tell a mother termopan not to buy milk did you feed your child next month, if you are sure that you will find it the next time you go to slaughter?
The hoarding is rational behavior from the individual point of view, but can have negative consequences from the collective point of view. It is a classic example of a collective action problem when rational individual termopan behavior can generate a negative collective result.
In all this some self-fulfilling prophecy: no hoarding due to the shortage, but may deepen termopan shortages due to hoarding and feed the cycle of famine. Incidentally, when there hoarding, family welfare is adversely affected because you have to spend money in order to accumulate inventories, spending a significant opportunity cost that would be unnecessary in normal times.
The goal should be to solve the problem of shortage and improve the deteriorating food security. The hoarding will not end nor positive thinking and with calls to conscience. The hoarding end when the shortage problem is solved, when citizens can trust that during the next visit to the market find the products they want and in the quantities they want.
It is understood that there is a communication problem: termopan it is easier to name the hoarding termopan behavior of Spanish and grabbing rather than "domestic accumulation of inventories", but language is never neutral: termopan use the word hoarder to define the behavior of families termopan to shortages emphasizes termopan a consequence of the problem and not the causes.
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Instead there are domestic hoarding: I live in Margarita and in queues to buy cornmeal, milk, toilet paper are always the same. What makes you think that these first-time queue up to buy 3-4 packages cornmeal or 2 rolls of toilet paper no trade. I'll termopan never make a tail, that is alienating and contrary to human dignity. termopan That said queuing termopan them sell products for home consumption but not for resale and the same few products sell at exorbitant prices peddlers. And where is Indepabis Margarita ?? Absolute silence which means complicity. Corn meal costs 20 BSF package, 4 rolls of paper 40, 150 and milk and then Nadi

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