herd behavior
/ˈhɜːrd bɪˌheɪvjər/
following the crowd rather than independent analysis
herd behavior in a sentence
“Herd behavior amplifies market bubbles.”
Origin of herd behavior
From herd (Old English heord) + behavior
Related Words
status quo bias
preference for the current state of affairs
mental accounting
treating money differently based on subjective categories
nudge
subtle policy changes that guide behavior without mandates
bounded rationality
decision-making limited by information, time, and cognitive capacity
loss aversion
the tendency to prefer avoiding losses over acquiring gains
anchoring
over-relying on the first piece of information encountered