Hubbry Logo
logo
Herd mentality
Community hub

Herd mentality

logo
0 subscribers
Be the first to start a discussion here.
Be the first to start a discussion here.
Contribute something to knowledge base
Hub AI

Herd mentality AI simulator

(@Herd mentality_simulator)

Herd mentality

Herd mentality is the tendency for people's behavior or beliefs to conform to those of the group they belong to. The concept of herd mentality has been studied and analyzed from different perspectives, including biology, psychology, and sociology. This psychological phenomenon can have profound impacts on human behavior.

Social psychologists study the related topics of collective intelligence, crowd wisdom, groupthink, and deindividuation.

The idea of a "group mind" or "mob behavior" was first put forward by 19th-century social psychologists Gabriel Tarde and Gustave Le Bon. Herd behavior in human societies has also been studied by Sigmund Freud and Wilfred Trotter, whose book Instincts of the Herd in Peace and War is a classic in the field of social psychology. Sociologist and economist Thorstein Veblen's The Theory of the Leisure Class illustrates how individuals imitate other group members of higher social status in their consumer behavior. More recently, Canadian journalist Malcolm Gladwell in The Tipping Point, examines how cultural, social, and economic factors converge to create trends in consumer behavior. In 2004, the New Yorker's financial columnist James Surowiecki published The Wisdom of Crowds.

Twenty-first-century academic fields such as marketing and behavioral finance attempt to identify and predict the rational and irrational behavior of investors. (See the work of Daniel Kahneman, Robert Shiller, Vernon L. Smith, and Amos Tversky.) Driven by emotional reactions such as greed and fear, investors can be seen to join in frantic purchasing and sales of stocks, creating bubbles and crashes. As a result, herd behavior is closely studied by behavioral finance experts in order to help predict future economic crises.

The Asch conformity experiments (1951) involved a series of studies directed by American Psychologist Solomon Asch that measured the effects of majority group belief and opinion on individuals. Fifty male students from Swarthmore College participated in a vision test with a line judgement task.

A naive participant was put in a room with seven confederates (i.e. actors) who had agreed in advance to match their responses. The participant was not aware of this and was told that the actors were also naive participants. There was one control condition with no confederates. Confederates purposefully gave the wrong answer on 12 trials. The other participant usually went with the group and said the wrong answer.

Through 18 trials total, Asch (1951) found that one third (33%) of naive participants conformed with the clearly incorrect majority, with 75% of participants over the 12 trials. Fewer than 1% of participants gave the wrong answer when there were no confederates.

Researchers at Leeds University performed a group experiment in which volunteers were told to randomly walk around a large hall without talking to each other. A select few were then given more detailed instructions on where to walk. The scientists discovered that people end up blindly following one or two instructed people who appear to know where they are going. The results of this experiment showed that it only takes 5% of confident looking and instructed people to influence the direction of the other 95% of people in the crowd, and the 200 volunteers did this without even realizing it.

See all
User Avatar
No comments yet.