Senior Lecturer Behavioural Economics , Newcastle Business School, University of Newcastle
David A. Savage is a behavioral economics researcher, with a primary research interest in the behavioral analysis of disasters and extreme environments, which includes man-made and natural disasters (from floods to terrorism) and high stress work or play environments (from elite athletes to police officers). While this interest stems from a behavioral economics view- point, it only extends into the broader social sciences as evident in his publications across economics, social science and the hard sciences. David has sought to marry the behavioral work of the social sciences to the empirical rigor of economics. This has resulted in multi- disciplinary work with a clearer understanding of theory and stronger empirical basis for the study of the decisions making under extreme environments and pressure. Generating new and important insights into the disaster and behavioral literatures, covering the empirical analysis of decision making, emotions, health and stress in these non normal environments.
Recent days have brought reports of shoppers clearing out supermarket shelves from Wuhan and Hong Kong to Singapore and Milan in response to the spread of coronavirus. This behaviour is often described as panic...