Search results

‘Tragedy of the commons’ is a powerful concept to analyse a variety of problems related to environmental sustainability. The commons problem can be solved if individuals behave altruistically. In the business context, this chapter studies the proposition that corporate social responsibility (CSR) can avert the tragedy of the commons by examining one case study in depth: Coca-Cola's bottling operations in Rajasthan, India. In spite of choosing a context favourable to the proposition, the results indicate that CSR does not avert the tragedy of the commons. To address the major environmental challenges, it is essential to develop regulatory regimes with appropriate incentives and ability to enforce sanctions.

The purpose of this paper is to consider arguments both for and against intellectual property (IP) rights that are premised on each of two conceptions of the information commons that attributes either moral value or disvalue to its preservation.

The methodology is the philosophically standard one of reflective equilibrium. The author considers the argument for a morally protected information commons that is grounded in Locke's famous proviso limiting original acquisition of material property to situations that leave enough of the resource to others and Hardin's famous argument that holding material property in common leads to overuse and depletion – a Tragedy of the commons. In particular, the arguments are evaluated according to whether they cohere with ordinary foundational commitments.

The author argues that neither conception of the commons is directly applicable to information objects and hence is relevant with respect to the issue of whether legal protection of IP rights is morally justified.

The identification of key differences between material objects and information objects that shows the irrelevance of these two leading conceptions in resolving the general issue of whether legal protection of IP rights is justified.

This study aims to help develop “business principles for stakeholder capitalism” in two steps. First, the study defines internal logic of three theories of capitalism and two variants within each theory. Second, it examines approaches to integration into modern democratic capitalism. Treating the three theories as substitutes identifies relative strengths and weaknesses; complementarity and partial overlap approaches to integration study the institutional settings within which stakeholder capitalism operates. Empirical outcomes reflect competition between market and stakeholder businesses for participants, with institutional conditions determining the scope of collective action.

The approach aligns three typologies in a unique conceptual arrangement defining the three theories of capitalism: forms of capitalism, potential failures of each form and associated types of goods. The first method examines the internal logic of each theory of capitalism. The second draws on traditional narrative review of references documenting each theory of capitalism and variants together with modern Marxist anti-capitalism.

Three typologies align uniquely with the theories of capitalism, each having two variants. Both variants of stakeholder capitalism are compatible with compassionate capitalism, constitutional government or polycentric governance but not with self-interest capitalism, dictatorship or Marxism. A theory of modern democratic capitalism allocates roles for private, club and social goods with empirically variable mixes occurring across countries. Competition among different types of enterprises provides an empirical test for comparative advantages of stakeholder capitalism. Future research should consider approaches for testing the proposed conceptual scheme in practice concerning capacity to deal with grand challenges, wicked problems and black swan events.

Research approach is limited to logical examination of theories and literature documentation without direct empirical confirmation. The study does not address practical implications for managers and public officials or social implications concerning private incentives, stakeholder cooperation or collective action.

Originality lies in shifting terms of debate about stakeholder capitalism from advocacy of substitute theories to understanding of its relationship to market capitalism and collective action capitalism. Value lies in explaining desirability of theoretical integration of three types of capitalism into a comprehensive framework for modern democratic capitalism.

Alternative food networks (AFNs) have recently emerged in the food landscape as new ways of food production, distribution and consumption which are alternatives to the traditional food system. Drawing on the tragedy of the commons, this paper aims to test the role played by social capital and transparency in reducing customer's lethargy and thus enhancing AFN performance in terms of frequency and quantity of purchases made by customers.

An ordered probit model was used to analyse data from a strong database of 2,115 Italian AFN customers. Given the novelty of the topic, the quantitative survey was anticipated by a preliminary qualitative study based on in-depth interviews, focus groups and participant observation.

Customers play an active role in AFN communities, co-creating value together with the other actors of the network. The two independent variables tested in this model, social capital and transparency, positively and significantly affect customers' quantity and frequency of purchases within AFNs, reducing the occurrence of the tragedy of commons.

To the authors' knowledge, this study represents one of the first attempts to measure, through a quantitative method, the effect of performance drivers (i.e. social capital and transparency) on AFN performance. Theoretical, managerial and policy implications will be thoroughly presented and discussed along the paper.

This chapter aims to use the theory of commons to reflect on the mechanisms that supported the recent (micro)financial crisis. This approach naturally extends the analysis of the growing field of green microfinance and the financialization of commons and in particular the environment.

The study provides a theoretical analysis of the recent crisis and the introduction of the environmental dimension to microfinance. This theoretical analysis is supported by extensive experience in many years of field research and qualitative and quantitative analysis of the (micro)financial crisis and green microfinance. The theoretical analysis is based on the results of previous research developed using primary and secondary data.

Using the theory of commons we interpret the recent crisis and the financialization of the environment as the tragedy of commons.

We highlight that when the private profit prevails over community benefit, both at the financial and environmental level, efforts toward financial inclusion and environmental conservation could instead lead to financial crisis and environmental damage.

Financial inclusion and environmental economy cannot be analyzed simply in terms of economic utility; a systemic view that embraces the complexity of poverty and the human–environment system is required to assess the actual outcomes of programs dealing with financial inclusion.

Policymakers, international agencies, and implementing institutions such as financial intermediary institutions should question an oversimplistic view of financial inclusion and the economic value of environmental goods. They should instead include in their analysis and program design considerations of the complex interactions between actors, collective behavior, and emerging properties of human and environmental systems.

The theory of commons is employed to analyze both financial inclusion and green microfinance. We propose that (micro)finance should be understood and managed as a common good to support the development of a socially, economically, and environmentally sustainable financial system.

The purpose of this paper is to measure the effect of the National Hockey League (NHL) collective bargaining agreement (CBA) of 2005 between the NHL owners and the NHL Players Association, to determine whether competitive balance in the NHL increased after the CBA.

Competitive balance in the NHL was compared between 11 seasons before the NHL Lockout Season in 2004-2005 and 11 seasons after, with a new CBA and a new revenue sharing plan. Competitive balance was measured in multiple ways, within seasons, across multiple seasons, by the margin of victory in individual games, by the concentration of teams winning and playing in the NHL championship, in the correlation of winning percentage of a season with subsequent seasons, and the number of consecutive winning or losing seasons.

There was greater competitive balance after the Lockout Season and the new CBA than before on all of the measures of competitive balance. The NHL has found a management solution to the effective management of a common pool resource and avoided a tragedy of the commons.

While this research builds on previous work which examines the presence of competitive balance in the NHL, it encourages those engaged in labor policy to consider not only the merit of design when negotiating labor policy, but also to explore the impact of policy on organizational outcomes over time.

This paper combines perspectives and insights from multiple disciplines including economists’ ideas about competitive balance in a sports league, ecologists’ ideas about effective management of a common pool resource, and strategic management ideas about management solutions to a sustainability problem.

Transport infrastructure in most countries is owned and maintained either by public authorities, private organisations, or individuals. However, in Sweden, about 50 per cent of the road network is owned and maintained by civic road associations. By using the analytic notion of commoning, this chapter seeks to explore how road maintenance is organised and in what ways civic participation is contributing to infrastructure maintenance. Through interviews with representatives of civic road associations in Vellinge municipality and municipal representatives, we conclude that property owners are being commoned, that is, they are obliged to be a member of the civic road association in the neighbourhood where they own property. This means that property owners are given the opportunity to collectively decide on matters of road infrastructure, including maintenance and investments. Each civic road association is also acting as an organisational collective, demanding or pressuring the municipality and its politicians to reform subsidies and the organisation of ownership of roads and responsibility for their maintenance. As a single property owner, this is difficult, but as an organisational collective, in a civic road association, they have a voice. As a citizen, local municipal election offers opportunities to push for change, but at these institutionalised moments of democracy, road infrastructure issues compete with other issues. Election campaigns rarely target road maintenance, although Vellinge seems to be an exception here. Nevertheless, as citizenship is built around the provision of universal and evenly distributed infrastructure, crumbling infrastructure in different parts of the municipality tends to raise concerns over equal access and opportunities – and also differentiated citizenships.

The overexploitation of resources has led to drastic negative impacts on biodiversity such as an overall increasing amount of infertile soil and overgrazed land. Environmentalists have been noticing now more than ever that plants and trees around the world have seen their population numbers severely drop over the last century. Many species including enormous flocks of birds congregating in marshes, herds of Wildebeest, Zebra and Tomson's Gazelle, along with untamed Tigers, Elephants, Giraffes, and Rhinos, grazing the vast natural landscape of the African plains that make their natural homes are at major risk of becoming extinct. With many pressures on world ecosystems already impacting the environment, continuous growth and natural human development trajectory is one that we must find a way to reconcile with environmental sustainability. The best way to do so is by establishing sustainability through the preservation of biodiversity and the ecosystem services different aspects of biodiversity provide. Although sustainability and biodiversity are crucial to assuring a clean future for our planet, the COVID-19 Pandemic has had a negative effect on the needs for biodiversity research, protection, and policymaking. This chapter looks at two main examples of biodiversity loss (1) the Tragedy of the Commons and (2) Deforestation to provide potential policy solutions to combat impacts of the Tragedy of the Commons and Deforestation, especially while considering implications of the current COVID-19 pandemic on biodiversity supportive policies.

To determine the normative philosophical legitimacy of territorial claims to the Arctic high seas.

In this chapter I sketch a philosophical guideline for determining the scope of territorial rights based on established theories of territorial claims.

The scope of territorial rights should be limited to a geographical domain within which a group can establish a site of justice. Because currently a site of justice is not possible in the Arctic high seas, no state can extend a territorial claim to that area.

If adopted, this theory would prohibit the establishment of claims to the Arctic high seas made by countries such as Russia, Denmark (via Greenland) and Canada.