This paper presents a model of consumer boycotts where the discrete choices of concerned consumers are represented as stochastic processes. Boycotts are interpreted as a form of voting where consumers are trying to shape the behavior of firms. We solve for the limiting distribution of the...

A large body of research has shown that first-time voting experiences can have important effects on subsequent turnout, with salient elections boosting turnout later in life and non-salient ones suppressing it. We challenge this view. Following research on the context-dependent nature of habit...