John has been trying to find a job for the past 6 months.He went for an interview at Aqua Inc.Although his performance was better than that of all the other candidates,the interviewers rejected him.They thought that they must have missed something about him that other employers noticed,which made them not hire him.This is an example of ________.

Question

Quizplus · Accepted Answer

This scenario is an example of an information cascade, where the interviewers assumed that since other employers did not hire John, there must be a reason why they did not hire him. This influenced their decision to reject his application despite his strong performance during the interview.

John Has Been Trying to Find a Job for the Past