Online social networking increases financial risk-taking

作者：

Highlights：

• We find that using online social networking increases financial risk-taking.

• Online social circles are akin to collectivistic societies formed or conducted online.

• Collectivistic societies provide members with a cushion that mitigates financial loss.

• Cushion hypothesis predicts greater financial risk-taking.

• Policy, welfare, and ethical implications are discussed.

摘要

•We find that using online social networking increases financial risk-taking.•Online social circles are akin to collectivistic societies formed or conducted online.•Collectivistic societies provide members with a cushion that mitigates financial loss.•Cushion hypothesis predicts greater financial risk-taking.•Policy, welfare, and ethical implications are discussed.

论文关键词：Online social networking,Financial risk-taking,Cushion hypothesis,Social capital

论文评审过程：Available online 19 May 2015, Version of Record 19 May 2015.

论文官网地址：https://doi.org/10.1016/j.chb.2015.05.002