Stockpiling is entirely rational to prepare for uncertainty

These are crazy times. Amidst the widening economic, social and health crisis associated with the spread of the COVID-19 disease there has been a lot of hysterical reports in the media about so-called panic buying in the shops and how people are acting irrationally on the high street. I wonder whether such reporting is actually proving

Stockpiling is entirely rational to prepare for uncertainty Read More ยป

Theory