Thursday, December 25, 2014

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

Can you grab families ?, by Angel Alayón "Prodavinci
Food Minister Felix Osorio said there is "domestic hoarding" in Venezuela because people do "unnecessary" purchases at the scene of scarcity. " Immediately, social networks were filled with complaints: How is it possible that the Minister has decided to blame consumers shortage problem? , People wondered. Some suggested, between humor and irony, which will soon begin raids on homes.
Can families hoard? The answer to this question depends on the definition of hoarding. If we understand the practice of hoarding as defined by the Law for the Protection of Access to Goods and People, families can not hog. 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 Hernández in his text Who is the hoarder? Clearly that is not the intention of consumers. I do not think that the Minister has mentioned domestic hoarding in mind to households as subjects of application of the law. Hoarding is prohibited by law and carries penalties practice. The last thing that should happen in a situation like Venezuela lives is the criminalization of consumer behavior.
When there are price controls and shortages appear, a phenomenon that in the economic literature in English is called hoarding, word that translates as hoarding occurs. cleaning tools The hoarding is the accumulation of inventories at home against the uncertainty cleaning tools of not finding what you want to buy in the future. The practice of hoarding involves advancing future purchases as a way of defending the pattern of household consumption. How to tell a mother not to buy milk did you feed your child next month, if you are not sure you can find it next time you go to market?
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 the rational cleaning tools individual behavior can generate a negative collective outcome) and self-fulfilling prophecies. There are hoarding due to shortages, but shortages can be deepened due to hoarding and feed the cycle of scarcity (see Notes scarcity).
Of more concern is the qualification of household purchases as "unnecessary". History is full of examples of hazards which may incur a society where the government from trying to determine what they should and should not buy their citizens or in what quantities. Scarcity forces rationing - not all - but not necessarily imply that the state must decide what we should consume citizens: it is a matter of freedom.
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 know that during the next visit to the market find the products they want in the quantities they want.
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In Venezuela there has always been the warlike zeal advocated with all collective problems are the fault of tramps and what is it to apply to heavy-handed. The need to find a arrechos, cleaning tools unforgiving, proberbialmente righteous men to assume the noble task of punishing those wicked and evil with 'the maximum weight cleaning tools of the law' are then listed. In his view everything is resolved cleaning tools mandarriazos. These characters previously came from the more reactionary groups archi now find their replicas among the most distinguished revolutionary. Formerly the Spanish church had his inquisitors as Tomas de Torquemada, like the French Revolution had its Robespierre. Subsequently fine savoyardos thinkers like Joseph de Maistre postulated the need for the gallows and executioners cleaning tools to stop the criminals intintos of ordinary men. In Venezuela today this character is represented cleaning tools in the revolutionary imagination of people from fierce inquisitorial zeal as Mr. Osorio that in

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