Date of Award
2021
Document Type
Honors Thesis (Open Access)
Department
Colby College. Science, Technology and Society Program
Advisor(s)
Lijing Jiang
Second Advisor
Kara Kugelmeyer
Abstract
We are currently experiencing a revolution that is larger, arguably, than the industrial revolution, it’s the Internet, also known as the World Wide Web. The Internet has transformed how we live — how we talk, how we work, how we go about our daily business, and how we manage our finances on a global and individual level. In the late 1990s, an investor would search the World Wide Web and, within seconds, find 3,372 websites with the term "investment,” today, the same search for “investment” yields 1,860,000,000 results. Today, as proven with GameStop and other popular ‘meme stocks,’ social media, powered by the Internet, has a significant impact on the way people invest and interact with the stock market. In this thesis, I explore the impacts of technology on the financial markets and how those technologies have changed how investors make decisions, as opposed to traditional investment styles.
Keywords
robinhood, technology, stock, market, impact, investment
Recommended Citation
Steib, Ben, "‘The Robinhood Effect’ - Digital technology in global financial markets and its effects on investor decision making" (2021). Honors Theses. Paper 1320.https://digitalcommons.colby.edu/honorstheses/1320
Included in
Communication Technology and New Media Commons, Finance Commons, Finance and Financial Management Commons, Science and Technology Studies Commons