Scientific Definition
Beliefs about reality shape the reality.
Plain-English Definition
Beliefs about reality shape the reality.
Feynman Explanation
If everyone thinks the company's great, the company gets great. Until they don't.
Core Principle
Beliefs about reality shape the reality.
Mechanisms
Pending editorial review.
Beliefs about reality shape the reality.
Pending editorial review.
Pending editorial review.
Pending editorial review.
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Reading bubble dynamics in markets and inside organizations.
Inputs (Triggers)
Pending editorial review.
Outputs (Behaviors)
Pending editorial review.
Behavioral Signature
If everyone thinks the company's great, the company gets great. Until they don't.
Examples
- Bubbles, runs, and credit cycles.
- Reading bubble dynamics in markets and inside organizations.
Pending editorial review.
Famous Experiments
Pending editorial review.
Design Principles
- Distinguish self-fulfilling beliefs from self-defeating ones.
Measurement Approaches
Pending editorial review.
Evidence
Pending editorial review.
Pending editorial review.
The Perverse Incentive Lens™
How this behavior is exploited — and how to redesign around it.
- Distinguish self-fulfilling beliefs from self-defeating ones.
Pending editorial review.
Pending editorial review.
Interactive Mini Network
Click any neighbor to re-center the graph and follow the threads of connection.
Knowledge Graph Neighbors
Auto-linked to the rest of the Human Behavior Taxonomy by family, domain, dimension, and shared keywords.
The rate at which customers (or employees) leave over a period.
The gap between early adopters and the early majority kills most products.
Innovators → early adopters → early majority → late majority → laggards.
Low-end or new-market entrants overtake established incumbents.
Prices driven far above intrinsic value by feedback loops of belief and behavior.
Asset prices fully reflect available information; you can't reliably beat the market.
Doing everything right by current customers can kill you.
Customers hire products to do a job in their life.
Aggregating many niche markets equals or exceeds the mainstream.
Technologies grow slowly, then explode, then plateau.
How will I feel about this in 10 minutes / 10 months / 10 years?
Basics first (health/finances), then depth (mastery/impact), then altruism (widening circle).