Herd behavior describes how individuals in a
group can act together without planned direction.
The term pertains
to the behavior of animals in herds,
flocks
and schools, and
to human conduct during activities such as stock market
bubbles and crashes, street demonstrations,
sporting events, religious gatherings, episodes of mob violence and
everyday decision-making, judgment and
opinion-forming.
Recently an integrated approach to herding has been
proposed[by
whom?], describing two key issues, the
mechanisms of transmission of thoughts or behavior between
individuals and the patterns of connections between them. It has
been suggested that bringing together diverse theoretical
approaches of herding behavior illuminates the applicability of the
concept to many domains,[1]
ranging from cognitive neuroscience[2] to
economics.
