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August 27, 2021
by Elizabeth Pratt

covid 19

Why COVID-19 Made Us Panic Buy

August 27, 2021 08:00 by Elizabeth Pratt  [About the Author]

covid 19
As the COVID-19 pandemic spread across the world, an interesting phenomenon was playing out in grocery stores. Panic buying. As the COVID-19 pandemic spread across the world, an interesting phenomenon was playing out in grocery stores. Panic buying. Consumers, in the face of increasing uncertainty, began stockpiling in a buying frenzy that left the shelves bare. Now a study from the University of New South Wales in Sydney, Australia may have an explanation for the behaviour. Unexpected certainty can cause us to change our behavior even if it isn't helpful. [More]

August 10, 2021
by Patricia Tomasi

bigstock woman shopping for expensive w 358805875

New Study Looks At Impulse Buying Behavior

August 10, 2021 08:00 by Patricia Tomasi  [About the Author]

bigstock woman shopping for expensive w 358805875
A new study published in PLOS ONE looked at how state-trait interactions in regulatory focus determines impulse buying behavior. “Our study looks at how a basic motivational theory (regulatory focus theory) can be applied to the phenomenon of impulse buying,” study author Anand Krishna told us. “Regulatory focus differentiates between a promotion focus, in which people are motivated by achieving potential gains or growth goals, and a prevention focus, in which people are motivated by avoiding losses or achieving security goals.” [More]

December 12, 2014
by Dr. C. Wayne Winkle,Phd

decision fatigue

Decision Fatigue: A Tired Brain and Christmas Shopping

December 12, 2014 19:30 by Dr. C. Wayne Winkle,Phd  [About the Author]

decision fatigue
Decision fatigue is a genuine condition. The term refers to the way decisions made by people after a long session of decision making will deteriorate (Baumeister, 2003). Decision fatigue is an important consideration here at Christmas time. Deciding the right thing to buy for others, shopping for it, then paying a good price for it are uppermost in most people’s minds at this time of year. [More]