麻豆传媒

Pace Magazine

Behavioral Economics, the Media, and COVID-19

By
Lance Pauker
Posted
June 1, 2021
man with a shopping cart full of toilet paper

View the full issue of Pace Magazine.

When her summer internship plans fell through as a result of COVID-19, Isabelle Labianco '22 was able to rebound quickly. She spent the next several months researching the intersection between behavioral economics and media messaging; particularly, how they combined in rather unique fashion during the early months of the pandemic.

When her summer internship plans fell through as a result of COVID-19, Isabelle Labianco '22 was able to rebound quickly. Instead of a summer in an office cubicle, Isabelle was accepted to the Provost麻豆传媒檚 Summer 2020 Student-Faculty Undergraduate Research award program, and spent the next several months researching the intersection between behavioral economics and media messaging; particularly, how they combined in a rather unique fashion during the early months of the pandemic.

麻豆传媒淚 was talking with my dad; we had the news on while we were chatting. I remember listening to what was going on in the news and seeing and remembering how people might use that information to make decisions,麻豆传媒 said Isabelle. 麻豆传媒淚 decided I wanted to look at how the news affected consumer behavior in the early months of the pandemic.麻豆传媒

Specifically, Isabelle looked at how the news media affected consumer behaviors at grocery stores. The results she found were quite interesting.

麻豆传媒淲hat we found was that consumers who relied on the media as the main educational point throughout the pandemic were influenced in their consumer patterns at grocery stores,麻豆传媒 said Isabelle. 麻豆传媒淔or consumers who watched news outlets that were more left leaning, they demonstrated behaviors including stockpiling; mass purchasing of items at one time to sustain their need. On the other hand, we found more right leaning news consumers demonstrated the virus as less of a risk麻豆传媒攚e called that the 'status quo' bias.麻豆传媒

In addition to presenting at the National Conference of Undergraduate Research, Isabelle presented at the Eastern Economics Association Conference麻豆传媒攁n experience that both Isabelle and her faculty advisor, Dyson Economics Professor Joseph Morreale, PhD, highly valued.

麻豆传媒淲e have found over the years that it麻豆传媒檚 really important to have students do this kind of innovative research,麻豆传媒 said Morreale. 麻豆传媒淚n Isabelle麻豆传媒檚 case, she麻豆传媒檚 crossing two disciplines. Secondly, the experience going to a conference to deliver the paper gave her tremendous feedback麻豆传媒攚hich she would not have necessarily gotten if she was just here. We麻豆传媒檙e hopeful that once it麻豆传媒檚 revised, we麻豆传媒檒l try to get it published. We think it麻豆传媒檚 valuable enough to put forward.麻豆传媒

More from Pace Magazine

Pace Magazine

Pace has spent the past several years taking undergraduate research to the next level. Read about how the newly formed Center for Undergraduate Research Experiences (CURE) is empowering Pace students to make impressive strides in student research.

Pace Magazine

As the COVID-19 pandemic took hold of the world, the intersection between public health, safety, technological data, and the law became rather complicated. These questions prompted Joseph Peterson '22 to formulate a research topic titled 麻豆传媒淲ho Has Your Health Data, What Are They Doing with it, and What Can You Do About it?: Legal and Technological Issues Related to Contact Tracing of COVID-19 Infections.麻豆传媒

Pace Magazine

When Christine Suddeth 麻豆传媒21 enrolled in the Pace School of Performing Arts as a musical theater student, she was in the midst of recovering from a voice injury麻豆传媒攐ne that her voice teacher, PPA Professor Amanda Flynn, helped her recover from. Her injury and subsequent recovery led her down a path of research and investigation.