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The Role of Technology in an Endogenous Timing Game with Corporate Social Responsibility

Domenico Buccella et al.

The BE Journal of Theoretical Economics2025https://doi.org/10.1515/bejte-2024-0122article
AJG 2ABDC A
Weight
0.37

What the paper says

This research studies the endogenous choice of simultaneous (Cournot) or sequential (Stackelberg) moves in a quantity-setting duopoly in which firms have social concerns and convex technologies. A parsimonious non-cooperative endogenous timing game (ETG) is developed to determine the sub-game perfect Nash equilibrium (SPNE). The article shows that the market structure strictly depends on the (endogenous) adoption of the available technology. In detail, when costs are convex, the sequential move equilibrium can emerge as the SPNE of the ETG. Results contrast the SPNE emerging in a duopoly – with or without CSR – in which firms produce with constant returns to scale technologies (linear costs), where only simultaneous competition occurs. The article also discusses the welfare outcomes corresponding to the SPNE. The main findings also offer empirical and policy implications. The paper finally considers a mixed duopoly and shows that the results of Amir and De Feo (2014. “Endogenous Timing in a Mixed Duopoly.” International Journal of Game Theory 43: 629–58) – sequential move equilibrium – are confirmed. Still, it pinpoints new results about the private firm’s degree of social concern in determining the market leadership when goods are strategic substitutes .

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https://doi.org/https://doi.org/10.1515/bejte-2024-0122

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@article{domenico2025,
  title        = {{The Role of Technology in an Endogenous Timing Game with Corporate Social Responsibility}},
  author       = {Domenico Buccella et al.},
  journal      = {The BE Journal of Theoretical Economics},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1515/bejte-2024-0122},
}

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The Role of Technology in an Endogenous Timing Game with Corporate Social Responsibility

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Evidence weight

0.37

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.16 × 0.4 = 0.06
M · momentum0.53 × 0.15 = 0.08
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.