October 2, 2017 Why Americans Buy So Many Guns, According to Psychology Experts (Peter Hess) Link for article
The economic principle I’m exploring is “People generally respond to incentives in predictable ways”
My research question to help me study the economic principle is “When do people find it necessary to purchase firearms?” It helps me determine an answer because it explains how people buy guns after a mass shooting or because they do not think about the consequences of owning a gun.
First, The article demonstrates this his economic principle because it argues that when a mass shooting happens gun sales go up. This tends to happen because people want to protect themselves for another possible shooting. It makes them realize they might not be as safe as they thought.
Second, The article demonstrates this his economic principle because it argues that when the government or state plans on restricting gun laws, people buy them before the laws are put in action. They want to get the gun/attachment before it becomes harder to get, so they buy it now because its easier.
Third, The article demonstrates this his economic principle because it argues that people will refuse to interpret the danger with purchasing a firearm and act out of emotion. They fail to understand that you have to maintain your gun and that it is extremely dangerous in the hands of someone who does not know how to properly use it.
In the next blog post I will discuss about "why people purchase firearms?"
I find it extremely interesting that gun sales increase after a mass shooting, mainly because I would have thought the opposite. It makes sense that gun sales increase when consumers predict that the government has plans to restrict guns. I would be interested in learning more about how people purchase guns and what the prerequisites are for owning a firearm.
ReplyDelete