<
https://theconversation.com/panic-buying-just-makes-shortages-worse-why-do-people-do-it-anyway-277964>
"Have you visited a petrol station recently? You might have been in for a shock
– and not just because the price on display was probably over A$2 a litre.
As the world grapples with one of the most severe energy shocks in decades,
Australians have flocked to the fuel pump in their thousands, filling up cars,
trailer-mounted fuel tanks and even jerry cans. In response, some stations have
begun rationing fuel and closing pumps.
But many Australians will be feeling a sense of déjà vu. In early 2020, as the
COVID pandemic sent shockwaves through global supply chains, consumers rushed
to stock up on essentials from pasta to toilet paper, leaving shelves bare
around the world.
There were further waves of panic buying as the pandemic continued, despite
businesses and the government repeatedly urging people not to do it.
So, why do some people rush out to stockpile, and why does simply telling them
not to often not work? Our previous research has explored these questions in
detail. To get people to stop, we need to give them a smarter message."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
