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Baron Diermeier (2006) - Strategic Activism And Nonmarket Strategy (view source)
Revision as of 19:32, 28 February 2011
, 19:32, 28 February 2011→With a Single Target
The activist will not conduct a campaign if:
:<math>v(\hat{x}) \ge u(x_D^*, r^*, h^*)\,</math>, or <math>\hat({x)}-x_0 \ge \frac{p}{2}(x_D^*-x_0)\,</math> in example
Likewise the target will adopt if:
:<math>\pi(\hat{x}) \ge \pi(x_0) - h^*\,</math>, or <math>\frac{h^*}{\eta} \ge \hat({x)}-x_0\,</math> in example
