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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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Published in: | Strategic change 2017-11, Vol.26 (6), p.617-626 |
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Main Author: | |
Format: | Article |
Language: | English |
Subjects: | |
Citations: | Items that this one cites |
Online Access: | Get full text |
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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. |
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ISSN: | 1086-1718 1099-1697 |
DOI: | 10.1002/jsc.2173 |