Experts suggest that confusion and bad messages led to accumulation

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The accumulation is wrong, and you should not do this, all our experts agree. But the reasons people overpay – and that you can't always find toilet paper, milk, eggs, and cleaning products after several states have released on-site sheltering procedureAre complicated.

An expert from the Graduate School of Management and a psychiatrist from the University of California at Davis agreed that some reports political leaders and others who scared people before over buying. They talked about this medium with the local KCRA leading news team. We also have law professor who analyzed the law and found that accumulation is not necessarily illegal.

Rational People

Don Palmer, a professor at the University of California, Davis Graduate School of Management, has experience working with organizations, and he says his experience spans the boundaries of the current pandemic. Recently, he spoke about the problem of accumulation.

“Commentators often portray people as irrational when they rush to the store and buy everything in sight, calling it“ buying a panic. ”

“But in this case,” he said, “most people probably acted rationally.”

Consumers received unclear messages

“Public health and political figures have issued statements calling on the public to provide a 30-day supply of essentials,” Palmer said. “Thus, people went out right after the statements and bought an abnormally large number of things that they usually buy. The fact that these massive purchases often led to higher prices exacerbated the situation. Those who live from paycheck to paycheck – and in our society there are many of them. “They were probably especially quick to shop because they could least afford the price increase.”

In a recent interview, he said: “I think that the accumulation and purchase of panic is a product of a number of things, one of which is the fact that when you do not receive a message that you can trust the situation, you remain to understand things yourself. One way to figure things out on your own is to say, “I'm going to imagine the worst.”

Bad for community

Dr. Peter Yellis, a senior health specialist at the University of California, Davis and a professor of psychiatry, said in an interview at the Salon that the message that doesn’t come out is that “we can handle it … And people are going to need to help each other to a friend, and one way to help each other is not to save large sums so that your neighbors don’t have anything … "

Some savings may be illegal.

Federal law provides for limitation of accumulation, and it can take effect soon, "said Gabriel Jack" Chin, a law professor who teaches criminal law. " For national defense purposes, the US Code allows the president to designate certain things as "scarce materials" and limit the accumulation of "beyond the reasonable requirements of a business, personal or home consumption, which he considers necessary," he said.

It so happened that this week President Trump issued an order delegating authority to the Secretary of Health and Human Services for the appointment of items in accordance with this law. However, it is “personal protective equipment, disinfection and disinfection,” said Chin.

Toilet paper cannot be coated.

If HHS is valid, then federal government may be able to sue individuals or corporations that stockpile these basic goods. But consumer products like toilet paper Chin said food products are unlikely to be considered scarce materials.

As for the purchase of goods and profit from their resale, the current law is really applicable only to enterprises, and not to individuals, he explained.

California passed law after the 1994 Northridge earthquake against price gouging. It is used during an emergency at the national, state, or local level that is declared due to an outbreak or for almost any other reason, he said. Designed primarily for enterprises, it prohibits them from selling goods or services with a price increase of more than 10 percent before an emergency occurs, unless the seller can prove that the higher price increase is based on an increase in the cost of goods, labor or materials. The price increase limitation applies to a wide range of goods and services, including food, essentials, medical supplies, housing, and repair and reconstruction services.

According to Chin, the law does not prohibit storing toilet paper, medicine, food, or anything else.

“In general, it would be fair to say that these laws are contradictory and difficult to apply, but they seem constitutional. They are contradictory because in this country there is a general principle that you are allowed to speculate about ”and sell goods at a higher price, he said.

“On the other hand, not everything depends on money.”

Psychology explains why coronavirus makes us panic – and how to stop

Experts suggest that confusion and poor messaging led to accumulation (2020, March 27)
restored March 28, 2020

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