The relationship between perceived control and panic buying during the COVID-19 pandemic

https://doi.org/10.35912/ahrmr.v3i1.1655
Published: Nov 22, 2023

Abstract:

Purpose: This study aimed to examine the negative correlation between perceived control and panic buying during the COVID-19 pandemic.

Research Methodology: It was conducted on middle-aged women using WhatsApp were married and were domiciled in Java. The criteria used was convenience sampling with a total of 193 respondents. Perceived control was measured with a questionnaire adapted from Berkenstadt Perceived Personal Control, while panic buying was measured by Lins and Aquino Panic buying Scale. Additionally, a test was conducted to evaluate the correlation coefficient between the two variables.

Result: The results showed that middle-aged women using WhatsApp had moderate perceived control and panic buying, indicating no significant negative correlation between the two.

Limitation: Uneven demographic proportions and a one-year retrospective period in this study may impact data accuracy due to reliance on respondent recall.

Contribution: Providing a new perspective on factors associated with panic buying.

Keywords:
1. COVID-19 pandemic
2. perceived control
3. panic buying
4. middle-aged women
5. WhatsApp
Authors:
1 . Olivia Olivia
Universitas Padjajaran, Jawa Barat, Indonesia
2 . Ratna Jatnika
Universitas Padjajaran, Jawa Barat, Indonesia
3 . Tutty Sodjakusumah
Universitas Padjajaran, Jawa Barat, Indonesia
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How to Cite
Olivia, O., Jatnika, R. ., & Sodjakusumah, T. (2023). The relationship between perceived control and panic buying during the COVID-19 pandemic. Annals of Human Resource Management Research, 3(1), 55–61. https://doi.org/10.35912/ahrmr.v3i1.1655
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Issue & Section
Vol. 3 No. 1 (2023): March
Articles
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References

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  1. Aljazeera. (2020). Timeline: How the new coronavirus spread. Retrieved 18 March 2020, from https://www.aljazeera.com/amp/news/2020/01/timeline-china-coronavirus-spread-200126061554884.html?utm_source=website&utm_medium=article_page&utm_campaign=read_more_links
  2. Averill, J. R. (1973). Personal control over aversive stimuli and its relationship to stress. Psychological bulletin, 80(4), 286.
  3. Barnes, S. J., Diaz, M., & Arnaboldi, M. (2021). Understanding panic buying during COVID-19: A text analytics approach. Expert Systems with Applications, 169, 114360.
  4. Berkenstadt, M., Shiloh, S., Barkai, G., Katznelson, M. B. M., & Goldman, B. (1999). Perceived personal control (PPC): a new concept in measuring outcome of genetic counseling. American journal of medical genetics, 82(1), 53-59.
  5. Brehm, J. W. (1966). A theory of psychological reactance.
  6. Centers for Disease Control and Prevention. Situation Summary. (2020). Retrieved 18 March 2020, from https://www.cdc.gov/coronavirus/2019-ncov/cases-updates/summary.html
  7. Chen, C. Y., Lee, L., & Yap, A. J. (2017). Control deprivation motivates acquisition of utilitarian products. Journal of Consumer Research, 43(6), 1031-1047.
  8. Christensen, L. B. (2007). Experimental methodology. New York: Pearson.
  9. CNBC Indonesia. (2020). Peritel Blak-Blakan Ada 3 Kali Panic Buying Gegara Corona. Retrieved 25 March 2020, from https://www.cnbcindonesia.com/news/20200320104453-4-146366/peritel- blak-blakan-ada-3-kali-panic-buying-gegara-corona
  10. Gupta, S., & Gentry, J. W. (2019). ‘Should I Buy, Hoard, or Hide?’-Consumers’ responses to perceived scarcity. The International Review of Retail, Distribution and Consumer Research, 29(2), 178-197.
  11. Huang, C., Wang, Y., Li, X., Ren, L., Zhao, J., Hu, Y., . . . Gu, X. (2020). Clinical features of patients infected with 2019 novel coronavirus in Wuhan, China. The lancet, 395(10223), 497-506.
  12. IDN Financials. (2020). Grant Thornton Indonesia: Panic buying akibat wabah virus corona dapat tingkatkan inflasi. Retrieved 25 March 2020, from https://www.idnfinancials.com/news/32452/grant-thornton-indonesia-panic-buying-coronavirus-outbreak-increase-inflation-rate
  13. Investopedia. (2019). Panic Buying. Retrieved 25 March 2020, from https://www.investopedia.com/terms/p/panicbuying.asp
  14. Islam, T., Pitafi, A. H., Arya, V., Wang, Y., Akhtar, N., Mubarik, S., & Xiaobei, L. (2021). Panic buying in the COVID-19 pandemic: A multi-country examination. Journal of Retailing and Consumer Services, 59, 102357.
  15. Jakarta Globe. (2020). Gov't Should Intervene If Coronavirus-Triggered Panic Buying Continues: Expert. Retrieved 25 March 2020, from https://jakartaglobe.id/news/govt-should-intervene-if-coronavirustriggered-panic-buying-continues-expert/
  16. Kassas, B., & Nayga Jr, R. M. (2021). Understanding the importance and timing of panic buying among US Households during the COVID-19 pandemic. Food Quality and Preference, 93, 104240.
  17. Landau, M. J., Kay, A. C., & Whitson, J. A. (2015). Compensatory control and the appeal of a structured world. Psychological bulletin, 141(3), 694.
  18. Lehberger, M., Kleih, A.-K., & Sparke, K. (2021). Panic buying in times of coronavirus (COVID-19): Extending the theory of planned behavior to understand the stockpiling of nonperishable food in Germany. Appetite, 161, 105118.
  19. Lins, S., & Aquino, S. (2020). Development and initial psychometric properties of a panic buying scale during COVID-19 pandemic. Heliyon, 6(9).
  20. McDaniel, S. W., & Zeithaml, V. A. (1984). The effect of fear on purchase intentions. Psychology & Marketing, 1(3?4), 73-82.
  21. Parment, A., Kotler, P., & Armstrong, G. (2011). Principles of marketing: 14th edition. Prentice-Hall.
  22. Roe, B. E., Bender, K., & Qi, D. (2021). The impact of COVID?19 on consumer food waste. Applied Economic Perspectives and Policy, 43(1), 401-411.
  23. Shou, B., Xiong, H., & Shen, X. (2013). Consumer panic buying and quota policy under supply disruptions. Manuf. Serv. Oper. Manag, 6(6), 1-9.
  24. Solomon, M. R. (2018). Consumer Behavior Buying, Having, and Being Twelfth Edition. Harlow: Pearson Limited Education
  25. Strahilevitz, M., & Myers, J. G. (1998). Donations to charity as purchase incentives: How well they work may depend on what you are trying to sell. Journal of Consumer Research, 24(4), 434-446.
  26. The Guardian. (2020). What is a pandemic and does it change the approach to coronavirus? Retrieved 2 April 2020, from https://www.theguardian.com/world/2020/mar/14/what-is-a-pandemic- coronavirus-covid-19
  27. The Strait Times. (2020). Coronavirus: No shortage of food here, say leaders in appeal for calm amid panic buying. Retrieved 2 April 2020, from ttps://www.straitstimes.com/singapore/coronavirus-no-shortage-of-food-here-say leaders-in-appeal-for-calm-amid-panic-buying
  28. Thompson, S. C., & Schlehofer, M. M. (2008). Perceived control. Health Behaviour Constructs: Theory, Measurement, and Research. dccps. cancer. gov/brp/constructs/perceived_control/pc5. html.
  29. Tirto.ID. (2020). Panic Buying dan Dampaknya Terhadap Ekonomi. Retrieved 25 March 2020, from https://tirto.id/panic-buying-dan-dampaknya-terhadap-ekonomi-eDDT
  30. Wijaya, T. (2020). Factor analysis of panic buying during the COVID-19 period in Indonesia. Available at SSRN 3603750.
  31. Yuen, K. F., Wang, X., Ma, F., & Li, K. X. (2020). The psychological causes of panic buying following a health crisis. International journal of environmental research and public health, 17(10), 3513.