Psychologists explain why we hoard and panic-buy

Psychologists explain why we hoard and panic-buy

SAN DIEGO — Selfish. Stupid. They’ve been called all sorts of things, the people who are descending on stores in a coronavirus-fueled panic to empty the shelves of pasta, beans, rice, meat, chicken, toilet paper, soap and other items. Greedy. Heartless.Psychologists and behavioral scientists have another word for them: Human.“When people feel uncertain, they tend to focus on things that bring them certainty,” said Uma Karmarkar, a neuroeconomist at the University of California, San Diego. “Most of us don’t have the ability to make new vaccines or enact new policies, but the one action that we ...

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