Information cascade
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An information cascade occurs when people signal that they have information about something, but actually based their judgment on other people's signals, resulting in a self-reinforcing community opinion that does not necessarily reflect reality.
Blog posts
See also
- Egalitarianism, Modesty argument
- Epistemic luck, Privileging the hypothesis
- Free-floating belief
- Groupthink, Affective death spiral
- Goodhart's law
- Religion