Herd Behaviour Explained | A-Level Economics Revision
Автор: tutor2u
Загружено: 20 апр. 2025 г.
Просмотров: 351 просмотр
Herd Behaviour happens when individuals copy the actions of others, often ignoring their own knowledge or logic. Herd Behaviour challenges the classical assumption of rational consumer choice. It explains rapid shifts in demand, fashion fads, and even market distortions.
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