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This paper demonstrates that in a duopoly model with firms being concerned about profit as well as corporate social responsibility (CSR), the outcome of game may coincide with the Stackelberg outcome. We argue that owner of the firm may use CSR orientation as a strategy to become Stackelberg leader in the quantity competition game.
Journal | Economics Bulletin |
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Publisher | Economics Bulletin |
ISSN | 1545-2921 |
Open Access | Yes |