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Timed intervention in COVID-19 and panic buying

In view of 2020 outbreak of the pandemic COVID-19, the paper examines the relationship between government measures for combating the pandemic and their side effects. Panic buying is identified as one such side effect. Among various models and measures undertaken by government to manage the pandemic,...

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Detalles Bibliográficos
Autores principales: Prentice, Catherine, Chen, Jinyan, Stantic, Bela
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Ltd. 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7414736/
http://dx.doi.org/10.1016/j.jretconser.2020.102203
Descripción
Sumario:In view of 2020 outbreak of the pandemic COVID-19, the paper examines the relationship between government measures for combating the pandemic and their side effects. Panic buying is identified as one such side effect. Among various models and measures undertaken by government to manage the pandemic, timed-intervention policy is commonly practiced by most countries. This paper examines the timing effect between government measures and panic buying. Three studies were undertaken to understand the timing effect and identify a connection between timed measures and consumer behaviours. Semantic analysis, secondary data search, and big data analytics were deployed to address the research aim. Although claiming a causal relationship is cautioned, the findings reveal a connection between timing of government measures and panic buying. These findings are discussed with the support of real-life evidence. Implications for researchers and practitioners conclude this paper.