background changes in modern societies develop the perception that the external environment is essential in organization’s practices, especially in the way they deal with aspects such as human rights, community needs, market demands and environmental interests. these issues are usually under the umbrella of the concept of social responsibility. given the importance of this concept in the contex...

This paper introduces and analyses the idea of the binding structure of a social interaction scheme. Binding structures are proposed as means to model the binding power that an interaction scheme imposes on agents interacting according to the scheme, in a social context. The paper considers the case of a basic interaction scheme, namely, the basic Producer-Consumer scheme, to explain the way th...

We investigate the spread of innovations on a social network. The network consists of agents that are exposed to the introduction of a new product. Consumers decide whether or not to buy the product based on their own preferences and the decisions of their neighbors in the social network. We use and extend concepts from the literature on epidemics and herd behavior to study this problem. The ce...

in most legal systems, service consumers, as the weaker party to the contract, are covered by protective provisions. due to the particular complexity of electronic funds transactions, consumers need further protection, which should be proportionate with the requirements of this type of transactions. in some countries, such as america, independent regulations have been ratified to protect consum...

a r t i c l e i n f o This paper investigates how socially responsible behaviour influences firms' profits and social welfare when production entails an environmental externality. We study a Cournot oligopoly with pollution, with one CSR operating in the market. A CSR firm not only takes into account its profits but also internalises its own share of pollution and is sensitive to consumer surpl...

Publicly traded corporations often operate against the public’s interest, serving a very limited group of stakeholders. This is counter-intuitive, since the public as a whole owns these corporations through direct investment in the stock-market, as well as indirect investment in mutual, index, and pension funds. Interestingly, the public’s role in the proxy voting process, which allows sharehol...