Result Of Bandwagon Bias. It is a phenomenon whereby the rate of uptake of beliefs ideas fads and trends increases with respect to the proportion of others who have already done so. Therefore it must be right.
The results reveal that the combination of high FoMO and luxury shows the strongest bandwagon consumption behavior. The bandwagon effect is a cognitive bias that causes people to think or act a certain way if they believe that others are doing the same. Uncover why being willing to dissent is key for creativity ideation and better decision-making in group settings.
As more people come to believe in something others also hop on the bandwagon regardless of the underlying evidence.
The one type of implicit bias that did not play a role in our scenario is the bandwagon phenomena. The phrase jump on the bandwagon is typically used in a. Therefore it must be right. Nowadays the saying is most associated with politics consumer behaviour and the stock market.