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Showing posts with the label #PanicBuying

The Psychology of Hoarding Toilet Paper, Beans & Soup

  #Hoarding #PanicBuying #COVID-19 #Anxiety #Emotions #Therapy #Triple5LightTherapy.com By   John M. Grohol, Psy.D. There’s a very good article by Bella DePaulo, Ph.D.  Why Are People Hoarding Toilet Paper?  that dives into the psychology of this behavior. It’s a good question because what we’re seeing are American consumers acting in a seemingly irrational manner in reaction to the spread of the novel coronavirus, COVID-19. Panic  buying  is what people do when faced with an imminent disaster, whether it be natural — such as a hurricane or snowstorm — or something else, like the spread of a virus for which there is no effective treatment or vaccine. And while it seems irrational on the surface, it actually has a rational basis. I think one of the reasons panic buying seems to make less sense to some during  this  pandemic is the fact that it’s likely to not just last a few days or weeks, but months to come. There’s little chance most people can s...