Download This PaperWireless Investors & Apathy Obsolescence
100 Washington University Law Review 1653 (2023)
SMU Dedman School of Law Legal Studies Research Paper No. 613
34 Pages Posted: 1 Aug 2022 Last revised: 16 Aug 2023
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: Suggested Citation
Sergio Alberto Gramitto Ricci
Hofstra University - Maurice A. Deane School of Law ( email )
121 Hofstra University
Hempstead, NY 11549
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