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Understanding Panic Buying Through an Integrated Psychodynamic Lens.
Marty A Cooper1, Jamie L Gordon1
1SUNY Old Westbury, New York, NY, United States.
Frontiers in Public Health
|May 3, 2021
Summary
Panic buying, often a response to environmental stressors like COVID-19, lacks psychological understanding. This study explores psychodynamic explanations for panic buying behaviors driven by fear and uncertainty.
Area of Science:
- Psychology
- Sociology
- Behavioral Science
Background:
- Panic buying is frequently linked to environmental stressors.
- The COVID-19 pandemic heightened panic buying due to resource scarcity fears.
- A psychological understanding of panic buying remains underdeveloped.
Purpose of the Study:
- To explore psychodynamic explanations for panic buying.
- To understand the psychological underpinnings of atypical buying behaviors during crises.
- To inform therapeutic interventions for individuals exhibiting panic buying.
Main Methods:
- Literature review focusing on psychodynamic theories.
- Analysis of panic buying as a response to negative emotions and uncertainty.
- Examination of behavioral and psychodynamic interventions.
Main Results:
- Panic buying can be understood as a psychodynamic response to fear and uncertainty.
- Atypical buying patterns emerge from negative emotions linked to perceived resource shortages.
- Psychodynamic perspectives offer insights into the emotional drivers of panic buying.
Conclusions:
- Psychodynamic approaches can elucidate the psychological mechanisms behind panic buying.
- Understanding these mechanisms is crucial for therapeutic interventions.
- This study contributes to the literature on the psychological impact of crises on consumer behavior.
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