期刊名称:DEEP Cahiers de Recherches Économiques / Université de Lausanne
出版年度:2009
卷号:1
出版社:Université de Lausanne
摘要:This paper provides a theory of corporate social responsibility in imperfectly competitive markets. We consider a two-stage game where consumers have a preference from buying goods from firms that do CSR and where firms first decide simultaneously the amount per unit sold to give to social causes and then choose quantities. We find that firms will do CSR when products are complements but might not do it when products are substitutes. We characterize how contributions to social causes depend on costs of production and on the degree of product differentiation. Finally, we show that CSR increases quantities, prices and profits.
关键词:corporate social responsibility; oligopoly; market outcomes