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Loss Aversion
..is a principle which makes people do things so that they don't feel regretful later.
People are panic-buying for the same reason too, with social media and news media amplifying the sense of scarcity.
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188 reads
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Panic Buying
The world is seeing panic buying in supermarkets, with items like toilet paper, milk, soda, hand sanitizers, etc. flying off the shelves, especially in places with confirmed cases of the virus.
Panic buying is a psychological mechanism fueled by anxiety along with a herd mentality....
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247 reads
Downsides of Panic Buying
- Panic buying makes people feel in charge of the situation, while seemingly mundane measures like hand-washing, which are actually impactful, seem ordinary.
- The problem comes when people overbuy in their over-panicked state of mind (irrational stockpiling), making the shortages worse ...
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154 reads
Fake News And Lack Of Trust
Experts point out that panic buying can be a result of a lack of trust in the government.
If public fears are not addressed on time, fake news can induce panic. Better preparedness at all times for possible emergencies can be a way to reduce this among the public.
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164 reads
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More like this
Downsides of Panic Buying
- Panic buying makes people feel in charge of the situation, while seemingly mundane measures like hand-washing, which are actually impactful, seem ordinary.
- The problem comes when people overbuy in their over-panicked state of mind (irrational stockpiling), making the shortages worse ...
Give as much as you can
Developing a relationship, a connection with your audience, so that your followers feel they are seen and valued, greatly helps to increase your social media authority.
One way to do this is to get in touch with each follower, which can be done through direct messages that exist in virtual...
Set boundaries in regards to your screen time
Whenever you feel like you are spending way too much time on your screen, consider setting clear boundaries: it is not the same to work and to just waste your time by watching things that might even end up increasing your anxiety.
Therefore, try using a separate device for work and person...
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