Use this url to cite publication: https://hdl.handle.net/20.500.12259/274541
Psychological effects of COVID-19 on consumer decision-making
Type of publication
Straipsnis recenzuojamoje Lietuvos konferencijos medžiagoje / Article in peer-reviewed Lithuanian conference proceedings (P1f)
Author(s)
Title [en]
Psychological effects of COVID-19 on consumer decision-making
Part Of
Lietuvos aukštųjų mokyklų vadybos ir ekonomikos jaunųjų mokslininkų konferencijų darbai
Date Issued
Date | Issue | Start Page | End Page |
---|---|---|---|
2024 | 27 | 267 | 271 |
Publisher
Kaunas : Vytauto Didžiojo universitetas
Abstract (en)
Psychological effects are one of the main elements that affect consumer decision-making. The COVID-19 pandemic is a unique situation that affects consumer psychology in modern times. This paper investigates the psychological effects of COVID-19 on consumer decision-making. It aims to find how fear, anxiety, and panic that COVID-19 brought affected the decision-making changes. The findings reveal that psychological effects have changed consumers priority of products, and increased stockpiling, panic buying, and shifts toward to online shopping. Understanding these changes in consumer behavior during crisis situations could help in future crisis that humanity might encounter.
Type of document
text::journal::journal article::research article
Language
Anglų / English (en)
Coverage Spatial
Lietuva / Lithuania (LT)
Conference
Conference | ||||
---|---|---|---|---|
2024-05-17 | 2024-05-17 | K. Donelaičio g. 52, Kaunas | LT |
ISSN (of the container)
1822-6736
2538-6778
Access Rights
Atviroji prieiga / Open Access