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Why minority interests may be encouraged by majority regulation: A case study illustrated by slow money movement

Minorities seeking majority legislations need to communicate the increased option set and limit the downside risk for the system. Social movements urging for change require institutional support including enabling legislation. Public policy support may require associating with similar movements or o...

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Bibliographic Details
Published in:Strategic change 2017-11, Vol.26 (6), p.617-626
Main Author: Ashta, Arvind
Format: Article
Language:English
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Summary:Minorities seeking majority legislations need to communicate the increased option set and limit the downside risk for the system. Social movements urging for change require institutional support including enabling legislation. Public policy support may require associating with similar movements or other stakeholders. Loss aversion, downside risk, crisis, and real options may be reasons for majorities to approve minority legislation.
ISSN:1086-1718
1099-1697
DOI:10.1002/jsc.2173