“…Previous studies related to panic buying behavior shows that there was a positive relationship between perceptions of scarcity, panic buying, fear appeal (Li, Zhou, Wong, Wang, & Yuen, 2021;Omar et al, 2021;Wiedmer, Whipple, Griffis, & Voorhees, 2020), and impulsive buying behavior (Addo et al, 2020;Iyer et al, 2020;Kim & Su, 2020). The result of direct and indirect hypotheses testing in Table 2 shows that most of the proposed premises (six of nine) in this study are in line with the conclusion of previous works.…”