Daily Bulletin

Men's Weekly

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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?

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