Cars queueing at a petrol station
(featured image via Twitter)

Real prices can be about more than supply and demand

How to turn an unfair price rise into a fair one

Koen Smets
7 min readOct 1, 2021

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This last week, the UK has been experiencing a freak petrol* crisis. A handful of filling stations on the south coast had run out of fuel because of minor supply issues. The news led to a vicious circle of spreading panic buying, dozens more stations running dry, even more panic buying with…

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Koen Smets

Accidental behavioural economist in search of wisdom. Uses insights from (behavioural) economics in organization development. On Twitter as @koenfucius