Wirl, Franz; Feichtinger, Gustav; Kort, Peter M. - In: Journal of Economic Behavior & Organization 86 (2013) C, pp. 169-182
This paper investigates how firms should plan corporate social responsibility (short CSR). This dynamic analysis starts …: if CSR is profitable for firm A then it is most likely also profitable for competitors B and C, and these simultaneous … steady states and can lead to a situation in which history is insufficient to determine the long run outcome among multiple …