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Coordinated Effects of Corporate Social Responsibility

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dc.contributor.authorCunha, Mariana
dc.contributor.authorMota, Filipa
dc.date.accessioned2020-12-11T18:41:01Z
dc.date.available2020-12-11T18:41:01Z
dc.date.issued2020
dc.description.abstractThis paper analyzes the coordinated effects of corporate social responsibility (CSR) in a setting where firms take into account in their objective function the consumer’s welfare in addition to their profits, produce differentiated products, and compete in quantities. We consider a symmetric case, where firms have the same level of CSR and an asymmetric case, where firms have different levels of CSR. Our results confirm that assigning a positive weight to consumer surplus makes collusion harder to sustain, as shown in the literature. However, for a sufficiently high level of CSR, collusion sustainability is actually increasing in the degree of product substitutability when firms are CSR-symmetric. When firms are CSR-asymmetric, collusion sustainability is increasing in the degree of product differentiation if products are complements. Furthermore, we show that collusion may be welfare-improving when firms adopt a socially responsible behavior, which provides an interesting background to competition authorities when analysing cartel cases.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationCunha, M., Mota, F. (2020). Coordinated Effects of Corporate Social Responsibility. Journal of Industry, Competition & Trade, 20, 617–641pt_PT
dc.identifier.doi10.1007/s10842-020-00344-2pt_PT
dc.identifier.eissn1573-7012
dc.identifier.issn1566-1679
dc.identifier.urihttp://hdl.handle.net/10400.14/31471
dc.identifier.wosWOS:000548764800001
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherSpringerpt_PT
dc.relationResearch Center in Management and Economics
dc.relationEstudos de sustentabilidade de colusão: fundamentos e modelos teóricos como ferramentas de suporte às atividades de regulação
dc.relationCenter for Economics and Finance at University of Porto
dc.subjectCollusionpt_PT
dc.subjectCorporate social responsibilitypt_PT
dc.subjectProduct differentiationpt_PT
dc.titleCoordinated Effects of Corporate Social Responsibilitypt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.awardTitleResearch Center in Management and Economics
oaire.awardTitleEstudos de sustentabilidade de colusão: fundamentos e modelos teóricos como ferramentas de suporte às atividades de regulação
oaire.awardTitleCenter for Economics and Finance at University of Porto
oaire.awardURIinfo:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UIDB%2F00731%2F2020/PT
oaire.awardURIinfo:eu-repo/grantAgreement/FCT/FARH/SFRH%2FBD%2F100022%2F2014/PT
oaire.awardURIinfo:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UID%2FECO%2F04105%2F2019/PT
oaire.citation.endPage641pt_PT
oaire.citation.startPage617pt_PT
oaire.citation.titleJournal of Industry, Competition & Tradept_PT
oaire.citation.volume20pt_PT
oaire.fundingStream6817 - DCRRNI ID
oaire.fundingStreamFARH
oaire.fundingStream6817 - DCRRNI ID
person.familyNameCunha
person.givenNameMariana
person.identifier.ciencia-idFF1A-B255-F982
person.identifier.orcid0000-0003-4581-0632
person.identifier.scopus-author-id55580551700
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.nameFundação para a Ciência e a Tecnologia
project.funder.nameFundação para a Ciência e a Tecnologia
project.funder.nameFundação para a Ciência e a Tecnologia
rcaap.rightsrestrictedAccesspt_PT
rcaap.typearticlept_PT
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