| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16945 |
| DP16945 Firm Competition and Cooperation with Norm-Based Preferences for Sustainability | |
| Roman Inderst; Eftichios Sartzetakis; Anastasios Xepapadeas | |
| 发表日期 | 2022-05-17 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | We analyze firms incentives to coordinate on the introduction of a more sustainable product variant when consumers preferences for greater sustainability depend on the perceived social norm, which in turn is shaped by average consumption behavior. Such preferences lead to multiple equilibria. If the more sustainable variant allows firms to sufficiently expand their aggregate market share, when a lenient legal regime makes this feasible they will coordinate on the more sustainable outcome. If their aggregate market share however does not expand sufficiently under the more sustainable variant, coordination can forestall a more sustainable outcome. Our analysis thus both confrms and qualifies the notion of a sustainability first-mover disadvantage as a justification for an agreement between competitors, which has gained traction in antitrust. We also provide empirical evidence for norm-based sustainability preferences. |
| 主题 | Industrial Organization |
| 关键词 | Sustainability Antitrust Firm cooperation |
| URL | https://cepr.org/publications/dp16945-0 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/546343 |
| 推荐引用方式 GB/T 7714 | Roman Inderst,Eftichios Sartzetakis,Anastasios Xepapadeas. DP16945 Firm Competition and Cooperation with Norm-Based Preferences for Sustainability. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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