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Baron Diermeier (2006) - Strategic Activism And Nonmarket Strategy (view source)
Revision as of 23:30, 23 May 2010
, 23:30, 23 May 2010no edit summary
The expected cost to rewards (in equilibrium) are:
:<math>C^r = \frac{p \gammgamma^2}{4 \eta^2 \alpha}\,</math>
===Self-Regulation===
====With a Single Target====
Assume that the activist can commit not to conduct a campaign once a concession is made. Such a committment could be credible if the activist had a reputation.
