Bandwagon effect
Videos
The bandwagon effect is a psychological phenomenon where people adopt certain behaviors, styles, or attitudes simply because others are doing so. More specifically, it is a cognitive bias by which pub
A literal "bandwagon", from which the metaphor is derived
Anchoring effect
Videos
The anchoring effect is a psychological phenomenon in which an individual's judgments or decisions are influenced by a reference point or "anchor" which can be completely irrelevant.
Bandwagon effect
…Confirmation bias Anchoring effect Hindsight bias…
Daniel Kahneman, one of the first researchers to study anchoring