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Faculty of Business - Papers (Archive)

2020

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A Toilet Paper Run Is Like A Bank Run. The Economic Fixes Are About The Same, Alfredo R. Paloyo Jan 2020

A Toilet Paper Run Is Like A Bank Run. The Economic Fixes Are About The Same, Alfredo R. Paloyo

Faculty of Business - Papers (Archive)

Panic buying knows no borders. Shoppers in Australia, Japan, Hong Kong and the United States have caught toilet paper fever on the back of the COVID-19 coronavirus. Shop shelves are being emptied as quickly as they can be stocked. This panic buying is the result of the fear of missing out. It’s a phenomenon of consumer behaviour similar to what happens when there is a run on banks. A bank run occurs when depositors of a bank withdraw cash because they believe it might collapse. What we’re seeing now is a toilet-paper run.


Turning To Easter Eggs To Get Through These Dark Times? Here’S The Bitter Truth About Chocolate, Stephanie Perkiss, Cristiana Bernardi, John Dumay Jan 2020

Turning To Easter Eggs To Get Through These Dark Times? Here’S The Bitter Truth About Chocolate, Stephanie Perkiss, Cristiana Bernardi, John Dumay

Faculty of Business - Papers (Archive)

The coronavirus might make Easter celebrations a little subdued this year, but that doesn’t mean going without chocolate eggs. In fact, South Australia’s chief public health officer Nicola Spurrier reportedly said people should partake in the Easter treats “to cheer ourselves up … I’ve certainly got a good supply of chocolate eggs already”. But before you fill your shopping trolley (online or virtual) with chocolate, we urge you to think twice about whether it’s ethically produced. Most chocolate consumed globally, including in Australia, comes from the Ivory Coast and Ghana in West Africa - which together account for about 60% …