20 Online Communities and Big Data

Jeremy Foote and Sohyeon Hwang

DOI: 10.4324/9781003227458-23

Chapter Objectives

  • Understand the key features of online communities.

  • Understand how group processes are influenced by the features of online communities.

  • Understand how digital trace data can be used (and misused) in studying online communities.

Introduction

In January of 2021, a number of members of the Reddit community “r/wallstreetbets” argued that stock in the retail video game store GameStop was underpriced. Perhaps more importantly, they pointed out that wealthy hedge funds had “shorted” the stock. When shorting a stock, a hedge fund borrows shares of the stock from a broker and sells them immediately, hoping to buy the stock later at ...

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