Panic buying just makes shortages worse. Why do people do it anyway?
- Written by Jacob Keech, Senior Lecturer in Psychology, Griffith University
Have you visited a petrol station recently? You might have been in for a shock – and not just because the price on display was probably over A$2 a litre.
As the world grapples with one of the most severe energy shocks in decades, Australians have flocked to the fuel pump in their thousands, filling up cars, trailer-mounted fuel tanks and even...
Read more: Panic buying just makes shortages worse. Why do people do it anyway?
