153650 20251017144557.0 doi 10.3934/jdg.2025001 sideral 143782 ART-2025-143782 eng Andaluz, Joaquín Universidad de Zaragoza (orcid)0000-0002-0679-6340 Static and dynamic approaches to corporate social responsibility as a strategic tool 2025 Access copy available to the general public Unrestricted The aim of this paper is to analyze corporate social responsibility as a strategic tool for firms competing in the market from both static and dynamic perspectives. We analyze competition in a context of strategic delegation in a Cournot duopoly model with homogeneous product, linear demand and constant marginal costs. Firm owners can delegate decisions regarding the quantity produced to their managers using two incentive schemes: one based on a convex linear combination of profits and revenues, and the other on a linear combination of profits and consumer surplus. By resolving the proposed sequential game, we conclude that owners set a social objective for their managers. Furthermore, by introducing the time perspective to the quantity competition stage, we show that the Cournot–Nash equilibrium may become unstable when at least one of the agents adjusts quantities according to an expectations scheme based on marginal utility. An excessively high adjustment speed can lead to a cascade of bifurcations with increasingly complex attractors. info:eu-repo/grantAgreement/ES/AEI/PID2022-140010OB-I00 info:eu-repo/grantAgreement/ES/DGA/S40-23R info:eu-repo/semantics/openAccess All rights reserved http://www.europeana.eu/rights/rr-f/ info:eu-repo/semantics/article info:eu-repo/semantics/acceptedVersion Jarne, Gloria Universidad de Zaragoza (orcid)0000-0001-6267-990X 4000 415 Universidad de Zaragoza Dpto. Análisis Económico Área Fund. Análisis Económico (2025), [30 pp.] J. dyn. games Journal of Dynamics and Games 2164-6066 592752 http://zaguan.unizar.es/record/153650/files/texto_completo.pdf Postprint 1521390 http://zaguan.unizar.es/record/153650/files/texto_completo.jpg?subformat=icon icon Postprint oai:zaguan.unizar.es:153650 articulos driver 2025-10-17-14:13:31 ARTICLE