Construct · 1 fields · 1 citations

informed minority: a standalone construct

One name. One construct. A landmark on the map.

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Contract law

the argument that a small group of shoppers who read terms can discipline sellers into offering fair terms to everyone.

In contract law, informed minority refers to the argument that a small group of shoppers who read terms can discipline sellers into offering fair terms to everyone. This meaning comes from Schwartz (1979) in University of Pennsylvania Law Review.[1]

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Nearby constructs

argument3 fields · 3 citationsjingle · one word, three constructs discipline4 fields · 5 citationsjingle · one word, four constructs group4 fields · 4 citationsjingle · one word, four constructs

References

Schwartz, A., & Wilde, L. L. (1979). Intervening in Markets on the Basis of Imperfect Information: A Legal and Economic Analysis. University of Pennsylvania Law Review, 127(3), 630. https://doi.org/10.2307/3311617

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