Answer:
One real-life example of herd behavior I've observed occurred during a Black Friday sale at a retail store. As the doors opened and shoppers flooded in, there was a palpable sense of urgency and excitement in the air. People rushed toward discounted items, forming a dense crowd around certain products.
The cause of this herd behavior was primarily the perceived scarcity of the discounted items and the fear of missing out on a good deal. Seeing others around them eagerly grabbing items fueled the shoppers' sense of urgency, prompting them to join in the frenzy to ensure they didn't miss out on the opportunity. Additionally, the social proof provided by the actions of others reinforced the behavior, as people tend to follow the actions of those around them, especially in uncertain situations like a chaotic sale event.
