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Panic Buying

Modeling What Drives it and How it Deteriorates Emotional Well‐being

Bibliographic Data

ID6062009
AuthorsChristine Huan (Purdue University), Soona Park (0000-0002-2687-5206, Purdue University), Jiyun Kang (0000-0001-6678-2664, Purdue University, corresponding author)
Year2021
Volume50
Issue2
Pages150-164
Publication date2021-12-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueFamily and Consumer Sciences Research Journal (JOURNAL)
Journal identifiersISSN: 1077-727X • E-ISSN: 1552-3934
PublisherWiley (PUBLISHER • GB)
DOI10.1111/fcsr.12421
PMID35440865
OpenAlexW3215469224
LanguageEN
Citations received6
References cited35

This study develops a panic buying model that explains its driving forces and adverse consequences. The data were collected from 415 U.S. nationwide consumers during the outbreak of the current pandemic and analyzed through structural equation modeling. Results indicated that although social learning through traditional media did not significantly affect consumers’ fearfulness toward product shortage or panic buying, social learning through social media exerts significant effects on both. The results also provide empirical evidence that consumers’ panic buying can trigger them to experience more negative emotions, which proves why such abnormal buying behaviors are an essential matter to be addressed

Anxiety · Economic shortage · Empirical evidence · Pandemic · Panic · Political science · Psychiatry · Social media · Structural equation modeling · Computer Science · Consumer Retail Behavior Studies · COVID-19 and Mental Health · COVID-19 Pandemic Impacts · Medicine · Psychology · Social Psychology

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    Open Access•Ravi Philip Rajkumar•Frontiers in Communication•2022

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    Open Access•Maged Ali, Lucas Moreira Gomes et al.•Technological Forecasting and…•2023

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Unique citing works6
Citations per year1,5
Citation span2022 - 2025 (4)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 6

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