The bandwagon effect,a common decision-making bias,is ________.
A)the characteristic of an individual who prefers to avoid losses rather than acquire gains
B)the tendency to believe certain outcomes because others believe the same
C)the tendency to believe that our forecasts for future events are better than they truly are
D)the tendency to search for information that supports one's preconceived beliefs
E)an individual's tendency to believe that he/she is less susceptible to risky events

Question

Quizplus · Accepted Answer

The bandwagon effect is the tendency to do or believe things because many other people do or believe the same. It's a form of groupthink where individuals are influenced by the majority opinion.

The Bandwagon Effect,a Common Decision-Making Bias,is ________