The influence of media on investment decisions. The case of bubbles (La influencia de los medios de comunicación sobre las decisiones de inversión. El caso de las burbujas)

Abstract. We analyzed how information in the financial press influences investment decisions and the specific case of economic bubbles. We found considerable flaws in the information market due to several factors: demand, the predominance of what are termed “irrational investors” (herding), and supp...

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