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Corporate social responsibility and firms ability to collude
Lambertini, Luca; Tampieri, Alessandro - 2011
define their objective functions. Our analysis focuses on the bearings of CSR on collusion over an infinite horizon … surplus has a pro-competitive effect under both full and partial collusion. Conversely, a higher impact of productivity on … pollution has an anti-competitive effect under partial collusion, while exerting no effect under full collusion. Under partial …
Persistent link: https://www.econbiz.de/10011737085
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Corporate Social Responsibility and Firms Ability to Collude
Lambertini, Luca; Tampieri, Alessandro - 2011
define their objective functions. Our analysis focuses on the bearings of CSR on collusion over an infinite horizon … surplus has a pro-competitive effect under both full and partial collusion. Conversely, a higher impact of productivity on … pollution has an anti-competitive effect under partial collusion, while exerting no effect under full collusion. Under partial …
Persistent link: https://www.econbiz.de/10011651670
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Efficient Horizontal Mergers in Polluting Industries with Cournot Competition
Lambertini, Luca; Tampieri, Alessandro - 2012
We compare a Bertrand with a Cournot duopoly in a setting where production is polluting and exploits natural resources, and firms bear convex production costs. We adopt Dastidar's (1995) approach, yielding a continuum of Bertrand-Nash equilibria ranging above marginal cost pricing also, to show...
Persistent link: https://www.econbiz.de/10011651705
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Efficient horizontal mergers in polluting industries with Cournot competition
Lambertini, Luca; Tampieri, Alessandro - 2012
We compare a Bertrand with a Cournot duopoly in a setting where production is polluting and exploits natural resources, and firms bear convex production costs. We adopt Dastidar's (1995) approach, yielding a continuum of Bertrand-Nash equilibria ranging above marginal cost pricing also, to show...
Persistent link: https://www.econbiz.de/10011734236
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Corporate Social Responsibility and Firms Ability to Collude
Lambertini, Luca; Tampieri, Alessandro - 2011
fine their objective functions. Our analysis focuses on the bearings of CSR on collusion over an in nite horizon, sustained … has a pro-competitive effect under both full and partial collusion. Conversely, a higher impact of productivity on … pollution has an anti-competitive effect under partial collusion, while exerting no effect under full collusion. Under partial …
Persistent link: https://www.econbiz.de/10014178118
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Efficient Horizontal Mergers in Polluting Industries with Cournot Competition
Lambertini, Luca - 2012
We investigate the feasibility of horizontal mergers in a homogeneous triopoly where firms compete in quantities and production is polluting the environment. We show that the degree of alignment between private and social incentives increases in the intensity of pollution
Persistent link: https://www.econbiz.de/10013110410
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The effect of Environmental Quality Misperception on Investments and Regulation
Lambertini, Luca; Pignataro, Giuseppe; Tampieri, Alessandro - Centre de Recherche en Économie Appliquée (CREA), … - 2015
In this paper we analyse a setup where consumers are heterogeneous in the perception of environmental quality. The equilibrium is verified in a setting with horizontal and vertical (green) differentiation. Profits are increasing in the mis- perception of quality, while the investment in green...
Persistent link: https://www.econbiz.de/10011203067
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Vertical differentiation in a Cournot industry: The Porter hypothesis and beyond
Lambertini, Luca; Tampieri, Alessandro - In: Resource and Energy Economics 34 (2012) 3, pp. 374-380
We modify the vertically differentiated duopoly model by André et al. (2009) replacing Bertrand with Cournot behaviour, and we characterise the region wherein a Porter-type result takes place. We show that the Porter hypothesis applies in an equilibrium taking always the form of a prisoner's...
Persistent link: https://www.econbiz.de/10010740037
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CSR in an Asymmetric Duopoly with Environmental Externalities
Lambertini, Luca; Palestini, Arsen; Tampieri, Alessandro - Centre de Recherche en Économie Appliquée (CREA), … - 2014
We investigate a linear state differential game describing an asymmetric Cournot duo- poly with capacity accumulation à la Ramsey and a negative environmental externality (pollution), in which one of the firms has adopted corporate social responsibility (CSR) in its statute, and therefore...
Persistent link: https://www.econbiz.de/10011095246
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Green Consumers, Greenwashing and the Misperception of Environmental Quality
Lambertini, Luca; Pignataro, Giuseppe; Tampieri, Alessandro - Centre de Recherche en Économie Appliquée (CREA), … - 2014
In this paper we analyse a setup where consumers are heterogeneous in the perception of environmental quality. The equilibrium is verified in a setting with horizontal and vertical (green) differentiation. Profits are increasing in the misper- ception of quality, while, the investment in green...
Persistent link: https://www.econbiz.de/10011095247