Many of the attributes that make a good “socially responsible” (SR) are credence attributes that cannot be learned by consumers either through search or experience. Consumers, then, use for their purchasing decisions “noisy” information about these attributes obtained from potentially...

In a relatively recent paper, Gehrig and Stenbacka (Eur Econ Rev 51, 77-99, 2007) show that information sharing increases banks’ profits to the detriment of creditworthy entrepreneurs in a model of a banking duopoly with switching costs and poaching. They restrict their analysis to the case in...

We investigate investment incentives in credence corporate social responsibility under different market structures. In duopoly, for high enough investment transparency (IT) exactly one firm invests in the clean technology: they differentiate their products. If the firms merge, with high enough...