Bandwagon Effect Bias

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Description of Bandwagon Effect Bias. Explanation.


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Definition Bandwagon Effect Bias. Description.

Bandwagon Effect Bias is the tendency to do (or believe) things because many other people do (or believe) the same. It is an example of Cognitive Bias.

Without examining the merits of the particular thing, people tend to "follow the crowd." Sometimes this cognitive bias is referred to as the Herd Instinct.

Surely this bias is a strong force behind many financial crises.

This human tendency is particularly relevant for investors, leaders of organizations, communication specialists and management consultants.

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Bandwagon Effect Bias Special Interest Group

Special Interest Group


Expert Tips - Bandwagon Effect Bias Premium
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Pluralistic Ignorance and the Abilene Paradox

Problems in Group Decision Making

The Importance of Customer Differences in Markets with Network Effects: the Limits of Scale

Network Effect, Network Strategy, First Mover Advantage, Second-mover Strategy, Customer Intimacy, Market Segmentation

How to Avoid Being Misguided by Experience-based Biases

Analogical Strategic Reasoning, Decision-making, Cognitive Bias, Bandwagon Effect, Confirmation Bias, Anchoring

Avoiding bandwagon Bias in your Team

Team Formation, Expert Power, Group Decision-making, Extroversion, Introversion

Resources - Bandwagon Effect Bias Premium
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The Fatal Coaching Mistake by Managers

Coaching, Mentoring, Management, Leadership

Critical Thinking in Decision Making

Critical Thinking, Testing Assumptions, Avoiding Fallacies, Avoiding Biases, Dealing with Emotions

Group Influences and Opinion Leadership

Groupthink, Group Dynamics, Word of Mouth Marketing, Sales, Opinion Leadership, Convincing People, Persuation


Bandwagon Effect Bias


Bandwagon Effect Bias


Bandwagon Effect Bias


Bandwagon Effect Bias

Compare also: Core Groups  |  Groupthink  |  Spiral of Silence  |  Abilene Paradox  |  Black Swan Theory

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