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- W2101587533 abstract "Private politics social pressure in led by social activists that use confrontational and cooperative strategies to cause rms to provide social benets. This paper presents theories of the supply of social pressure by activists and the demand for social pressure as represented by the attractiveness of rms as targets and partners. A confrontational activist can drive potential targets into competition for an engagement with a cooperative activist, as characterized by an ascending auction. A moderately socially responsible rm is more likely than a prot-maximizing rm to win the engagement with the cooperative activist. The threat of confrontation creates a positive externality for the cooperative activist, which has an incentive to participate in the campaign of the confrontational activist." @default.
- W2101587533 created "2016-06-24" @default.
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- W2101587533 date "2012-04-05" @default.
- W2101587533 modified "2023-09-25" @default.
- W2101587533 title "The Industrial Organization of Private Politics" @default.
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- W2101587533 doi "https://doi.org/10.1561/100.00011065" @default.
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