Ron decided to sell a particular stock when he found out that many other people were selling it.This is an example of ________.

Name: Ron decided to sell a particular stock when he found out that many other people were selling it.This is an example of ________.
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Question

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Ron's decision to sell the stock based on the actions of others is an example of herding behavior. This is when individuals make decisions based on the actions of a larger group, rather than independent analysis.

Ron Decided to Sell a Particular Stock When He Found