A discussion of irrational stockpiling behaviour during crisis

One of the ubiquitous human behaviours observed in natural disasters and humanitarian crisis is irrational stockpiling (also known as hoarding or panic buying). Limited, distorted and exaggerated information during crisis disturbs people's judgement and results in aberrant actions which can be...

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Detalles Bibliográficos
Autores principales: Chen, Yiqun, Rajabifard, Abbas, Sabri, Soheil, Potts, Katie Elisabeth, Laylavi, Farhad, Xie, Yuke, Zhang, Yibo
Formato: Online Artículo Texto
Lenguaje:English
Publicado: China Science Publishing & Media Ltd. Publishing Services by Elsevier B.V. on behalf of KeAi Communications Co. Ltd. 2020
Materias:
Discussion
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7321775/
http://dx.doi.org/10.1016/j.jnlssr.2020.06.003
Descripción
Sumario:One of the ubiquitous human behaviours observed in natural disasters and humanitarian crisis is irrational stockpiling (also known as hoarding or panic buying). Limited, distorted and exaggerated information during crisis disturbs people's judgement and results in aberrant actions which can be explained with economics and psychology theories. The objective of this paper is to examine the perplexing stockpiling phenomena during disasters like COVID-19 pandemic and discuss its immediate and long-term impact on economy, society and local communities.

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