Research suggests the coronavirus pandemic's greatest impact is due to people changing their behaviour voluntarily. So we may be overestimating the costs of government restrictions.
Melbourne's return to stage 3 restrictions has precipitated another round of grocery stockpiling. But supermarket shelves won't be empty as long as last time.
What motivates people to panic buy and stockpile goods like toilet paper? The COVID-19 pandemic has given us the chance to find out.
Woolworths' A$780 millon investment in new automated distribution centres is a sign of how much COVID-19 has changed the way we shop. It points what's to come in the retail sector.
Retailers must focus on training customer-facing teams to succeed post-coronavirus.
To curb opportunistic shoplifting, supermarkets want you to know you are being watched. But they're also hoping for self-reflection.
The overwhelming majority of us say we care about animal welfare. But when it comes to shopping, our actions often take a different turn.
Most consumers in South Africa aren't able to fill up a trolley of groceries for their daily needs, let alone join the panic buying induced by the COVID-19 pandemic.
The good news is supermarket shelves should be back to normal sooner rather than later.
Amid the coronavirus pandemic, people are stockpiling essential supplies. But policy-makers may be able to influence both the supply and demand through public announcements and advisories.
The fear of others panic buying toilet paper drives panic buying. This is not people acting irrationally. It is a case of 'coordination failure'.
A scholar who studies consumer decision-making explains just what it is in the human mind that makes people susceptible to nudges toward one behavior or another.
Technology has taken the old sales tactic of time-limited offer to a whole new level. But for the tactic to work requires a Goldilocks zone between being too pushy and not all.
There's a lot of research in consumer behaviour that disputes the notion “more is better”. But it really depends on what type of personality you have.
Pot taxes will change the ability of some to purchase recreational marijuana.
New research on consumer behavior shows that we tend to match some types of choices the people around us make, but not others.
Insights from behavioural (and traditional) economics help explain why discounting – both real and fake – is such an effective marketing ploy.
The IKEA effect is caked in myth, but the phenomenon of consumers valuing their own efforts is proven and potent.
Research shows that moving from a larger dwelling to a tiny home can change behavior in surprising ways.
Many communities are banning single-use plastic shopping bags to reduce pollution, but a study in California shows that some consumers responded by purchasing more heavy plastic trash bags.