What psychological phenomenon is associated with fear of missing out (FOMO)?

The psychological phenomenon associated with fear of missing out (FOMO) is the herd mentality. This occurs when individuals make decisions based on the actions or behaviors of a larger group, often driven by social influence and the desire to fit in or be part of the collective. FOMO amplifies this tendency, as individuals perceive that others are experiencing exciting or desirable events without them, leading to anxiety and the compulsion to join in on those experiences.

Being aware of what others are doing, particularly in social settings or through social media, can create a sense of urgency and pressure to participate, often overriding personal preferences or needs. The herd mentality reflects this social influence and highlights how community behaviors can shape individual decisions, reinforcing FOMO.

Other choices represent different psychological concepts that don't directly link to FOMO in the same way. While the scarcity principle does play a role in influencing desire by presenting limited availability, it operates differently from the social dynamics of the herd mentality. Utility maximization focuses on making the best decisions based on personal benefit, while confirmation bias involves seeking information that aligns with preexisting beliefs. Therefore, the herd mentality is the most relevant phenomenon connected to the experience of FOMO.