Equinoctial Activities

[steepholm]

We're repeatedly told that there is enough food, etc., for all, if only people would stop panic buying. Panic buying, as the name implies, is an irrational behaviour taken as a whole; but for individuals in a panic-buying environment, there is a point at which it becomes rational, because if you don't stock up you won't be able to buy anything at

Comments

[heleninwales]

I am so thankful now for my Brexit stockpile. It meant that last Thursday when I did a big shop to last for at least a week, I was mostly buying fresh food. I already have a hoard of pasta!

[steepholm]

Likewise. My three Brexit items were pasta, rice and toilet roll. All three are coming in very handy.

[nightspore]

It's a version of prisoner's dilemma. Or a Keynesian Beauty Contest. Or a Nash Equilibrium in a system where there are multiple equilibria. Or a stampede.

[steepholm]

Thank you! I was hoping you might come to my aid. :)