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Baron Diermeier (2006) - Strategic Activism And Nonmarket Strategy (view source)
Revision as of 19:42, 28 February 2011
, 19:42, 28 February 2011→Target Reputation
This gives us the activist's belief that a target will concede:
:<math>p(m_S) = p_S\,</math>:
:<math>p(m_H) = \rho(m_H)p_H + (1-\rho(m_H))p_S \in [p_H, p_S]\,</math>
