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We examine the strategic use of Corporate Social Responsibility (CSR) in imperfectly competitive markets. The level of CSR determines the weight a firm puts on consumer surplus in its objective function before it decides upon supply. First, we consider symmetric Cournot competition and show that...
Persistent link: https://www.econbiz.de/10011659485
We compare the strategic potential of Corporate Social Responsibility (CSR) and Customer Orientation (CO) as commitments to larger quantities in Cournot competition, modeled as a multi-stage game. First, in addition to profits, firms can choose to care for the surplus of either all consumers...
Persistent link: https://www.econbiz.de/10011539203
We compare the strategic potential of Corporate Social Responsibility and Customer Orientation as commitments to larger quantities in Cournot competition. In addition to profits, firms can choose to care for the surplus of either all consumers (CSR) or their own customers only (CO), and if so,...
Persistent link: https://www.econbiz.de/10011387393
We examine the strategic use of Corporate Social Responsibility (CSR) in imperfectly competitive markets. The level of CSR determines the weight a firm puts on consumer surplus in its objective function before it decides upon supply. First, we consider symmetric Cournot competition and show that...
Persistent link: https://www.econbiz.de/10011657756
sein muss und warum es vorteilhaft ist, wenn eine solche Ethik als ökonomische Theorie der Moral operiert, ((b)) wie eine … Theorie für die Praxis nicht verarmt, sondern bereichert wird und ((c)) wie - angesichts einer erneut heftig geführten …) business ethics to management analysis and education. As a first step, the paper argues that business ethics theory needs to …
Persistent link: https://www.econbiz.de/10011758063
This paper studies the welfare consequences of a vertical merger that raises rivals costs when downstream competition is à la Cournot between firms with constant asymmetric marginal costs. The main result is that such a vertical merger can nevertheless improve welfare if it involves a...
Persistent link: https://www.econbiz.de/10011410253
Persistent link: https://www.econbiz.de/10011792529
Persistent link: https://www.econbiz.de/10003911524
Passion - in the sense of fervent commitment to action - and compassion - understood as sensitive openness for social and ecological concerns - are not a sure formula for business success. Whether social or ecological entrepreneurs, who find themselves under pressure from market competition,...
Persistent link: https://www.econbiz.de/10011784179
Der Artikel entwickelt in Auseinandersetzung mit Alfred Krupps Wohlfahrtsprogramm aus dem 19. Jahrhundert einen ordonomischen Beitrag, wie Unternehmen 'Moral als Produktionsfaktor' einsetzen können. Die These dieses Beitrags lautet, dass "Corporate Social Responsibility" als strategisches...
Persistent link: https://www.econbiz.de/10011786668