Re:How Twitter Rigged the Covid Debate
by rightbyte on Tuesday December 27, 2022 @06:20AM
(#34147695)
> they don't act rationally.
Buying toilet paper when there is a toilet paper "bank run" is rational just as it is rational to take out your money from a failing bank.
Were I lived we had toilet paper but were all out of yeast. One person could buy all the store's 300 yeast bags for like 30USD. And as soon as people realized the yeast were gone they seemed to always buy yeast when available, making a shortage for a long time.
A way to prevent this is some soft limit on the amount people can buy. But it need to be in place before the shelves are empty.
Buying toilet paper when there is a toilet paper "bank run" is rational just as it is rational to take out your money from a failing bank.
Were I lived we had toilet paper but were all out of yeast. One person could buy all the store's 300 yeast bags for like 30USD. And as soon as people realized the yeast were gone they seemed to always buy yeast when available, making a shortage for a long time.
A way to prevent this is some soft limit on the amount people can buy. But it need to be in place before the shelves are empty.