This paper investigates a pollutant abatement investment under ambiguity in a twoperiod setting. We consider there are representative consumer and firm in an economy and formulate the social welfare maximization problem. Then we numerically derive the optimal level of abatement investment. Furthermore, we analyze the comparative static effects of the model’s parameters and find an increase in t...

In this dissertation, I examine the role of CEOs and corporate diversification on corporate social performance (CSP). In the first essay of the dissertation, I evaluate the financial implications of corporate social performance and assess the validity of a widely used measure of social performance, the KLD social ratings. In the first part of this essay, I examine the relationship between CSP a...

Abstract We consider a coopetitive game model of firms’ behavior in process R&D with entry cost. compare the competitive firms coopetition scenario. In coopetition, engage bargaining to reach binding agreement. find that competition can lead prisoner’s dilemma or chicken between market rivals. The possibility entering agreement resolves above social dilemmas associated behavior. turn, under...