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Corporate social responsibility by joint agreement

Schinkel, Maarten-Pieter; Treuren, Leonard - 2021

Industry-wide voluntary agreements are touted as a means for corporations to take more corporate social responsibility (CSR). We study what type of joint CSR agreement induces firms to increase CSR efforts in a model of oligopolistic competition with differentiated products. Consumers have a...

Persistent link: https://www.econbiz.de/10012591411

Competition Laws and Corporate Innovation

Levine, Ross; Lin, Chen; Wei, Lai; Xie, Wensi - 2022

A central debate in economics concerns the relationship between competition and innovation, with some stressing that competition discourages innovation by reducing post-innovation rents and others emphasizing that more contestable markets spur currently dominant and other firms to invest more in...

Persistent link: https://www.econbiz.de/10014258819

Booms, busts and behavioural heterogeneity in stock prices

Hommes, Cars H.; Veld, Daan in't - 2015 - This draft: July 2015

We empirically evaluate a behavioural model with boundedly rational traders who disagree about the persistence of deviations from the fundamental stock price. Fundamentalist traders believe in mean-reversion, while chartists extrapolate trends. Agents gradually switch between the two rules,...

Persistent link: https://www.econbiz.de/10011301214

Family Ties

Alesina, Alberto F. - 2013

, constructed from the World Values Survey, to review and extend the literature on the effect of family ties on economic behavior …

Persistent link: https://www.econbiz.de/10013083386

International Trade Aspects of Competition Policy

Nagaoka, Sadao - 2021

Recently competition policy has become an important trade policy issue, since many policy makers now see competition policy as an important instrument to secure market access' to foreign markets. This paper analyzes this issue both from a theoretical point of view and from the review of the...

Persistent link: https://www.econbiz.de/10013228236

Competition Policy and International Trade

Levinsohn, James A. - 2021

-trust) policy and international trade. While recent advances in international trade theory have borrowed heavily from the industrial … organization literature, this work has a schizophrenic quality to it. One of the insights that motivated the new trade theory was … competition between firms. While trade theorists have borrowed heavily from the theory of industrial organization, they seem to …

Persistent link: https://www.econbiz.de/10013249155