Becchetti, Leonardo; Federico, Giorgio; Solferino, Nazaria - Associazione Italiana per la Cultura della Cooperazione … - 2005
In this paper we outline a model of horizontal product differentiation where two duopolists a profit maximising producer (PMP) and a socially responsible fair trader (FT) producer compete over prices and (costly) socially and environmentally responsible features of their products. We analyse the...