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Environmental corporate social responsibility : A note on the first-mover advantage under price competition

Author

Listed:
  • Kosuke Hirose

    (Graduate School of Economics, The University of Tokyo)

  • Sang-ho Lee

    (College of Business Administration, Chonnam National University)

  • Toshihiro Matsumura

    (Institute of Social Science, The University of Tokyo)

Abstract

We consider a model in which two firms choose whether to adopt environmental corporate social responsibility policies and then face Stackelberg competition under price competition. We show that the first-mover has the advantage, which is in contrast to the second-mover advantage typically seen in standard price competition models.

Suggested Citation

  • Kosuke Hirose & Sang-ho Lee & Toshihiro Matsumura, 2017. "Environmental corporate social responsibility : A note on the first-mover advantage under price competition," Economics Bulletin, AccessEcon, vol. 37(1), pages 214-221.
    • Handle: RePEc:ebl:ecbull:eb-16-00767
    as

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    References listed on IDEAS

    as
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    More about this item

    Keywords

    corporate social responsibility; implicit carbon price; first-mover advantage;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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