Online community groups are enticing because the members share common interests. But they also can cause people to make risky financial decisions. Active community members believe if their risky behavior backfires, the community will come to their rescue. This study is the first to show that participation in an online community influences a person’s financial decision-making in a systematic way, researchers say. Members of online communities will likely not know each other offline and have no connections other than their virtual relationship, the study says. The researchers looked at three settings: Prosper.com, eBay.”]
Source: https://www.csoonline.com/article/2129573/online-communities-carry-risks.html