Bandwagon Effect Bias

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Description of Bandwagon Effect Bias. Explanation.

Contents

  1. Summary
  2. Forum
  3. Best Practices
  4. Expert Tips
  5. Resources
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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.


Bandwagon Effect Bias Forum
  Quotes on Following the Crowd. Quotations
Hi, do you know of a remarkable, humorous quote by...
     
 

Bandwagon Effect Bias Special Interest Group


Special Interest Group

 

Best Practices - Bandwagon Effect Bias Premium

Expert Tips - Bandwagon Effect Bias Premium
 

Pluralistic Ignorance and the Abilene ParadoxSign up

Pluralistic Ignorance can be described as a situat...
Usage (application): Problems in Group Decision Making
 
 
 

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

The network effect (  
 
 

How to Avoid Being Misguided by Experience-based BiasesSign up

We often make decisions based on past experiences ...
Usage (application): Analogical Strategic Reasoning, Decision-making, Cognitive Bias, Bandwagon Effect, Confirmation Bias, Anchoring
 
 
 

Avoiding bandwagon Bias in your TeamSign up

In a short article, Bonner and Bolinger describe a...
Usage (application): Team Formation, Expert Power, Group Decision-making, Extroversion, Introversion
 
 

Resources - Bandwagon Effect Bias Premium

The Fatal Coaching Mistake by ManagersSign up

Managers and executives often don't realize how mu...
Usage (application): Coaching, Mentoring, Management, Leadership
 

Critical Thinking in Decision MakingSign up

Presentation about critical thinking for decision ...
Usage (application): Critical Thinking, Testing Assumptions, Avoiding Fallacies, Avoiding Biases, Dealing with Emotions
 

Group Influences and Opinion LeadershipSign up

Presentation about Group Influences, including var...
Usage (application): Groupthink, Group Dynamics, Word of Mouth Marketing, Sales, Opinion Leadership, Convincing People, Persuation
 
 

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Videos about Bandwagon Effect BiasSign up


     
 

Presentations about Bandwagon Effect BiasSign up


     
 

Books about Bandwagon Effect BiasSign up


     
 

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

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