Us before me: A group level approach to the circular economy
Frank Figge (),
Andrea Stevenson Thorpe and
Jason Good
Ecological Economics, 2021, vol. 179, issue C
Abstract:
A more efficient use of natural resources is considered a necessary condition for their sustainable use. When firms use resources circularly they aim to contribute to using resources more eco-efficiently, and thus in a more sustainable way than when adopting more linear systems. Eco-efficiency in linear systems can be determined by aggregating each individual instance of resource use. However, in circular systems this approach is problematic, as it cannot capture the dynamics of resource use that unfurl between firms that contribute to eco-efficiency. In other words, we argue that in circular systems, eco-efficiency overall is more than the sum of the eco-efficiencies of individual firms. Moreover, we counterintuitively suggest that within circular economy systems, selecting only highly eco-efficient firms can actually reduce rather than increase the degree of eco-efficiency overall. Using a lens of multi-level selection theory, we build our argument through a series of numerical examples, and in conclusion show how the assessment and management of resources must be moved from the individual to the group level.
Keywords: Circular Economy; Eco-Efficiency; Evolution; Cooperation (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S092180092030080X
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:179:y:2021:i:c:s092180092030080x
DOI: 10.1016/j.ecolecon.2020.106838
Access Statistics for this article
Ecological Economics is currently edited by C. J. Cleveland
More articles in Ecological Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().