
Exit, Voice, and Loyalty by Albert Hirschman (Lecture)
Other Life
00:00
The Role of Voice in Institutional Decline
In most cases, outside of strictly economic relationships, the expectation is that voice will be used first. It will be used in an increasing fashion, corresponding to the acceleration of decline,. Only after that voice, only after voice fails beyond a certain point, will peopil choose exit. Quist: There are a few wrinkles in there that i think are very interesting and worth hihliting.
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