IDEAS home Printed from https://ideas.repec.org/p/ajf/louvlr/2023008.html
   My bibliography  Save this paper

Bloomberg and the GameStop saga: the fear of stock market democracy

Author

Listed:
  • Duterme, Tom

    (Université catholique de Louvain, LIDAM/LFIN, Belgium)

Abstract

The GameStop saga aroused the emotion and indignation of a large part of the financial community. This paper accounts for this reaction by exposing the conflict of expertise at the heart of the saga: the Bloomberg Terminal of market professionals and the forum of retail investors supported antagonistic perceptions of events. It then generalizes these findings by characterizing the framing operated by the Terminal mobilized by traders, and by underlining its essential divergences from the framing of the internet forum. Through their selection, weighting and ranking operations, these devices offer different points of view on the financial markets. This pluralization of the informational bases guiding investors’ decisions allows this paper to address the issue of the democratization of finance, its conditions of feasibility and desirability.

Suggested Citation

  • Duterme, Tom, 2023. "Bloomberg and the GameStop saga: the fear of stock market democracy," LIDAM Reprints LFIN 2023008, Université catholique de Louvain, Louvain Finance (LFIN).
    • Handle: RePEc:ajf:louvlr:2023008
    DOI: https://doi.org/10.1080/03085147.2023.2189819
    Note: In: Economy and Society, 2023
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ajf:louvlr:2023008. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Séverine De Visscher (email available below). General contact details of provider: https://edirc.repec.org/data/lfuclbe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.