Following The Economic Crowd

Following Economic Crowd - Politics, Business, Civil, History - Posted: 1st Oct, 2008 - 1:59am

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Post Date: 1st Oct, 2008 - 1:59am / Post ID: #

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Following The Economic Crowd

During a crisis (financial or otherwise), we follow the crowd

Herd mentality rules during a financial crisis because people are wired to follow the crowd when times are uncertain, experts say. Brain and behavior studies clearly show that when information is scarce and threats seem imminent, people often stop listening to their own logic and look to see what others are doing.
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