CSR in an Asymmetric Duopoly with Environmental Externalities
نویسندگان
چکیده
We investigate a linear state di¤erential game describing an asymmetric Cournot duopoly with capacity accumulation à la Ramsey and a negative environmental externality (pollution), in which one of the rms has adopted corporate social responsibility (CSR) in its statute, and therefore includes consumer surplus and the environmental e¤ects of production in its objective function. If the market is su¢ ciently large, the CSR rm sells more, accumulates more capital and earns higher pro ts than its pro t-seeking rival. JEL codes: C73, H23, L13, O31.
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