The Psychology of Panic Buying
Episode 1369, Jun 07, 2021, 02:41 AM
Every time a COVID-19 lockdown approaches, we see a rise in panic-buying.
While some people are experiencing FOMO (fear of missing out), others are grappling with anxiety a compulsive desire to shop to feel like they are in control.
Dr Dan Fassnacht, Senior Lecturer in the College of Education, Psychology and Social Work at Flinders University, joins Jennie Lenman to discuss the phenomenon, in light of his paper which proposes diagnostic criteria for compulsive buying shopping disorder.