Opinions

Panic buying adds additional stress in COVID-19 pandemic

     In some ways, the trend of panic buying is a way for people to take back control in uncertain times. Many psychologists have suggested that panic buying can be understood as playing to our three fundamental psychology needs in (1) autonomy—as in the need for control; (2) relatedness—better defined as “we shopping,” rather than “me shopping,” and (3) competence—whereby a level of accomplishment is achieved and making a purchase gives people a sense that they are “smart shoppers.” […]