Wireless Investors & Apathy Obsolescence

34 Pages Posted: 1 Aug 2022 Last revised: 16 Aug 2023

See all articles by Sergio Alberto Gramitto Ricci

Sergio Alberto Gramitto Ricci

NYU School of Law; University of Missouri at Kansas City - School of Law

Christina M. Sautter

Southern Methodist University - Dedman School of Law

Date Written: July 24, 2022

Abstract

This Article discusses how a subgenre of retail investors makes investors’ apathy obsolete. In prior work, we dub this genre of retail investors “wireless investors” for their reliance on technology and online communications. By applying game theory, this Article discusses how wireless investors’ global-scale online communications allow them to circulate information and coordinate, obliterating collective action problems.

Keywords: retail investors, Millennials, GenZ, apathy, collective action, game theory, social norms, corporate governance, ESG, investing, stakeholders

JEL Classification: K2, K20, K22

Suggested Citation

Gramitto Ricci, Sergio Alberto and Sautter, Christina M., Wireless Investors & Apathy Obsolescence (July 24, 2022). 100 Washington University Law Review 1653 (2023), SMU Dedman School of Law Legal Studies Research Paper No. 613, Available at SSRN: https://ssrn.com/abstract=4171224 or http://dx.doi.org/10.2139/ssrn.4171224

Sergio Alberto Gramitto Ricci

NYU School of Law ( email )

4153280756 (Phone)

University of Missouri at Kansas City - School of Law ( email )

5100 Rockhill Road
Kansas City, MO 64110-2499
United States

Christina M. Sautter (Contact Author)

Southern Methodist University - Dedman School of Law ( email )

P.O. Box 750116
Dallas, TX 75275
United States

HOME PAGE: http://www.smu.edu/Law/Faculty/Profiles/Sautter-Christina

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