Panic-Buying Behaviour During the Covid-19 Outbreak: A Cross-Cultural Psychological Study
Abstract
The Covid-19 outbreak has had a major impact across the globe. Tourism, education, health, and economies are all affected by this pandemic. One major impact on the economic sector is the emergence of ‘panic-buying’. This study examines panic-buying in cross-cultural psychological studies. The researchers conducted a literature review on previous studies related to panic-buying behaviours during both the Covid-19 outbreak and similar scenarios prior to Covid-19. The researchers provide an explanation on how panic-buying behaviour can occur. The researchers also compare panic-buying with similar behaviours such as impulsive and compulsive buying.
Keywords: Panic buying, Pandemic, Covid-19, Cross-cultural psychological studies
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