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Corporate social responsibility and endogenous competition structure

Author

Listed:
  • Toshihiro Matsumura

    (Institute of Social Sciences, University of Tokyo)

  • Akira Ogawa

    (College of Liberal Arts, International Christian University)

Abstract

We assume that firms care about corporate social responsibility (CSR) and revisit the endogenous choice between price and quantity contracts. We find that a significant (insignificant) asymmetric weight of CSR in their objectives yields Bertrand (Cournot) competition.

Suggested Citation

  • Toshihiro Matsumura & Akira Ogawa, 2016. "Corporate social responsibility and endogenous competition structure," Economics Bulletin, AccessEcon, vol. 36(4), pages 2117-2127.
  • Handle: RePEc:ebl:ecbull:eb-16-00521
    as

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    File URL: http://www.accessecon.com/Pubs/EB/2016/Volume36/EB-16-V36-I4-P205.pdf
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    References listed on IDEAS

    as
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    14. repec:wly:soecon:v:81:2:y:2014:p:457-473 is not listed on IDEAS
    15. Arghya Ghosh & Manipushpak Mitra, 2014. "Reversal of Bertrand-Cournot Rankings in the Presence of Welfare Concerns," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 170(3), pages 496-519, September.
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    Cited by:

    1. Leal, Mariel & Garcia, Arturo & Lee, Sang-Ho, 2017. "Effects of globalizing a consumer-friendly firm into an asymmetric mixed duopoly," MPRA Paper 83512, University Library of Munich, Germany.
    2. Fanti, Luciano & Buccella, Domenico, 2018. "Corporate social responsibility and the choice of price versus quantities," Japan and the World Economy, Elsevier, vol. 48(C), pages 71-78.
    3. Bárcena-Ruiz, Juan Carlos & Sagasta, Amagoia, 2021. "Environmental policies with consumer-friendly firms and cross-ownership," Economic Modelling, Elsevier, vol. 103(C).

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    More about this item

    Keywords

    corporate social responsibility; Cournot; Bertrand; welfare-concern objective;
    All these keywords.

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • H4 - Public Economics - - Publicly Provided Goods

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