Hoarding in the age of COVID-19

Baddeley, M

Hoarding in the age of COVID-19

Baddeley, M

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Publisher:: Society for the Advancement of Behavioral Economics
Publication Type:: Journal Article
Citation:: Journal of Behavioral Economics for Policy, 2020, 4, (S1), pp. 69-75
Issue Date:: 2020-06-17

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Field	Value	Language
dc.contributor.author	Baddeley, M https://orcid.org/0000-0001-7884-0374
dc.date.accessioned	2021-03-13T23:51:53Z
dc.date.available	2021-03-13T23:51:53Z
dc.date.issued	2020-06-17
dc.identifier.citation	Journal of Behavioral Economics for Policy, 2020, 4, (S1), pp. 69-75
dc.identifier.uri	http://hdl.handle.net/10453/147087
dc.description.abstract	Hoarding is a well-established phenomenon in economics, often explored in the context of savings, financial speculation and employment. Conventional economic models of hoarding cannot, however, easily explain some of the unusual hoarding behaviours observed during the COVID-19 pandemic. This paper extends the economic analysis of hoarding by incorporating multidisciplinary explanations for some of the anomalies in hoarding observed during the COVID-19 crisis. This multidisciplinary approach suggests that behavioural economics and behavioural science can provide rich insights for policy-makers to use in adapting their policies to limit the negative economic, social and psychological impacts from anomalous hoarding behaviours during pandemics.
dc.language	en
dc.publisher	Society for the Advancement of Behavioral Economics
dc.publisher	https://sabeconomics.org/jbep/jbep-4-1/
dc.relation.ispartof	Journal of Behavioral Economics for Policy
dc.rights	info:eu-repo/semantics/restrictedAccess
dc.title	Hoarding in the age of COVID-19
dc.type	Journal Article
utslib.citation.volume	4
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
utslib.copyright.status	recently_added	*
pubs.consider-herdc	false
dc.date.updated	2021-03-13T23:51:49Z
pubs.issue	S1
pubs.publication-status	Published online
pubs.volume	4
utslib.citation.issue	S1

Abstract:

Hoarding is a well-established phenomenon in economics, often explored in the context of savings, financial speculation and employment. Conventional economic models of hoarding cannot, however, easily explain some of the unusual hoarding behaviours observed during the COVID-19 pandemic. This paper extends the economic analysis of hoarding by incorporating multidisciplinary explanations for some of the anomalies in hoarding observed during the COVID-19 crisis. This multidisciplinary approach suggests that behavioural economics and behavioural science can provide rich insights for policy-makers to use in adapting their policies to limit the negative economic, social and psychological impacts from anomalous hoarding behaviours during pandemics.

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http://hdl.handle.net/10453/147087