A dynamic model of rational panic buying

S Noda, K Teramoto - Quantitative Economics, 2024 - Wiley Online Library
panic buying even in the absence of irrational consumers and misinformation. To this end,
we develop a novel dynamic model of a … the model using household survey data. We find that …

[PDF][PDF] Supplement to 'A dynamic model of rational panic buying”'.”

S Noda, K Teramoto - … Economics Supplemental Material, 2024 - econometricsociety.org
In Appendix C, we provide evidence that suggests the public health measures placed during
the COVID-19 pandemic made grocery shopping more costly. We use Google Community …

What influences panic buying behaviour? A model based on dual-system theory and stimulus-organism-response framework

X Li, Y Zhou, YD Wong, X Wang, KF Yuen - International Journal of Disaster …, 2021 - Elsevier
panic buying; meanwhile, a rational reflection which is operationalised by perceived lack of
control also influences panic buying… of affective response on panic buying. Theoretically, this …

Propagation model of panic buying under the sudden epidemic

P Fu, B Jing, T Chen, C Xu, J Yang… - Frontiers in public health, 2021 - frontiersin.org
… Based on this, this paper uses the method of system dynamics to analyze the formation and
… it is for individuals to abandon rational thinking and adopt panic buying behavior. Therefore, …

The role of behavioral decision-making in panic buying events during COVID-19: From the perspective of an evolutionary game based on prospect theory

T Chen, X Wu, B Wang, J Yang - Journal of Retailing and Consumer …, 2025 - Elsevier
panic buying events from a dynamic perspective. However, traditional game models assume
that decision-makers are fully rational, … -makers' bounded rationality, we further discuss and …

A simple model of panic buying

RC Schmidt, B Westbrock, H Hoegen - Journal of Economic Behavior & …, 2023 - Elsevier
… a simple dynamic model to rationalize episodes of excess demand that resemble “panic buying
… ” episodes, but we provide an explanation that is based on perfectly rational behavior. A …

Exploring panic buying as a situational response–the role of fear, media exposure and context-specific paranoia

M Nakić, M Koričan Lajtman… - International journal of …, 2024 - emerald.com
… capacity for rational spending as major risk factors preceding the event of panic buying. …
better the causal dynamics between fear, media exposure, and panic buying behavior. …

Mitigating panic buying behavior in the epidemic: An evolutionary game perspective

H Shan, W Pi - Journal of Retailing and Consumer Services, 2023 - Elsevier
… , while our research is a dynamic tactical choice, which can more intuitively reveal how to
alleviate … Therefore, they choose not to involve in panic buying, ie, rational consumption. …

Unraveling the intricacies of panic buying: An evolutionary game-theoretic exploration of the evolution and intervention

X Ma, D Yu, K Wang - Journal of Retailing and Consumer Services, 2024 - Elsevier
… ' dynamic intervention mechanisms are superior to the static one in mitigating panic buying.
… that players are boundedly rational rather than perfectly rational. These features make it an …

Identifying a new social intervention model of panic buying under sudden epidemic

P Fu, B Jing, T Chen, J Yang, G Cong - Frontiers in Public Health, 2022 - frontiersin.org
panic buying behavior. Firstly, through crawler technology and LDA (Latent Dirichlet Allocation)
topic model… forces in China to curb the spread of panic buying, and summarizes the multi-…