Browsing: buying
By Amaury Abreu
What drives people to panic buy during times of crisis: A new study sheds light on the psychology of consumers
Fear can cause people to behave irrationally in times of uncertainty. During the pandemic, this took the form of panic buying as people flocked to stores to stock up on essential goods. Some even sought to profit off of shortages by price gouging toilet paper and hand sanitizer.
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