Social trading is an emerging market in the sharing economy, allowing inexperienced investors (copiers) to automatically follow the trades of experts (leaders) in real time. We use a separable temporal exponential random graph model (STERGM) to analyze the link formation and dissolution of a...

Social trading platforms are gaining popularity due to their high level of information transparency. While greater information transparency can benefit investors, it also enables strategic investors (copycats) to mimic original traders' trading strategies with little cost, pretend to be original...