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We all remember 2020. At the grocery store, toilet paper shelves were empty. Cleaning supplies and disinfectants were treasured finds. Rattled consumers, concerned that they would run out of essential items, swiftly stockpiled products until they disappeared from shelves. In the media, it was referred to as “panic buying.”
The uncertainty and anxiety that surround the COVID-19 pandemic have placed strains on the supply chain, as people across the globe stock up on excess food, masks, and household products.
José Holguín-Veras, an endowed professor of civil and environmental engineering at Rensselaer Polytechnic Institute and the director of the Center for Infrastructure, Transportation, and the Environment, and a global team of researchers from 15 universities around the world are conducting an international survey about so-called “panic” buying. They want to understand what factors are driving these behaviors, and how the excess buying may be mitigated.
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