Which of the following best defines the term 'herding effect'?
A)To expend just enough effort to make a decision that's acceptable,but not necessarily the one that's 'best'.
B)To ignore most of the available information and instead notice a few salient cues to make a choice.
C)To change beliefs or actions as a reaction to real or imagined group pressure.
D)To repay debts and favors.
E)To jump on the bandwagon and follow the behavior of others.

Question

Quizplus · Accepted Answer

The herding effect refers to the tendency for individuals to follow the behavior of a larger group, often without considering the underlying reasons or evidence for that behavior. This can lead to a self-reinforcing cycle where more and more people join the group simply because others have already done so. Choice E, "To jump on the bandwagon and follow the behavior of others," best captures this concept.

Which of the Following Best Defines the Term 'Herding Effect