Fear of Missing Out
Herd Behavior / Swarm Behavior
Detailed ExamplesA particular style of socks is suddenly popular with high school girls across an entire city or nation.A crowd in a large room suddenly rush for the exits based on some perceived danger that doesn't actually exist.People in a city send negative social signals (rudeness) to someone who breaks some local norm of behavior by talking loudly on a mobile phone. Students in a school feel they can't express what they really think because they know it violates prevailing groupthink.The crowd at a concert experience a euphoric sense of shared experience whereby they feel shared emotions and a sense of cohesion and comradery with strangers.People in a nation, city or corporation develop a sense of collective narcissism whereby they are collectively self-interested, self-admiring and oblivious to problems. Market participants rush to buy a trendy new asset driven by a fear of missing out.
|Overview: Collective Behavior|
|Definition||Shared behavior that is spontaneously formed by a distinctly group process.|