Understanding how social discussion platforms like Reddit are influencing financial behavior

This study proposes content and interaction analysis techniques for a large repository created from social media content. Though we have presented our study for a large platform dedicated to discussions around financial topics, the proposed methods are generic and applicable to all platforms. Along with an extension of topic extraction method using Latent Dirichlet Allocation, we propose a few measures to assess user participation, influence and topic affinities specifically. Our study also maps user-generated content to components of behavioral finance. While these types of information are usually gathered through surveys, it is obvious that large scale data analysis from social media can reveal many potentially unknown or rare insights. Characterising users based on their platform behavior to provide critical insights about how communities are formed and trust is established in these platforms using graphical analysis is also studied.