This paper discusses the merits and limits of the recent European energy policy aimed at reducing carbon emissions, devoting particular attention to the European trading system of carbon permits and to the measures that the European Union has adopted to promote renewable energy sources. From the...

China’s economic boom has brought about environmental dark sides, i.e., serious air, water, and solid waste pollutions. As the largest developing countries in the world, China’s road toward economic-environmental balance is even complicated since there are various regions of diversified...

Drawing from a broad range of sources, we define and discuss the two primary ways of contemplating issues related to environmental economics, namely, interventionism and libertarianism. We then interpret a cellular automaton as a model that allows for either approach, as well as anarchy, and...

Zusammenfassung Steigende Anforderungsprofile für Tourismusbetriebe im Kontext der Internationalisierung verlangen nach strategischen Ansätzen. Damit erhält die Strategiefähigkeit der Betriebe eine erhöhte Bedeutung bei Förderungen durch die Tourismuspolitik. Dieser Beitrag greift auf ein...

On 27 October 2007 the Russian Federation revoked Lufthansa Cargo's rights to fly over Russian territory. The withdrawal came as a surprise to Lufthansa Cargo and shortly after the dispute started it evolved from an economic to a political conflict which awoke international interest. The...

Indigenous emerging economy (EE) firms are increasingly competing in global markets or against multinational corporations (MNCs) in their home markets. But their institutional context at the national and local levels often suffers from what has been termed “institutional weakness” which is...

Much of the literature on corporate performance focuses on institutional restructuring, and implicitly assumes that constitutional factors are determined exogenously. Existing theories of the firm—whether a “goal paradigm” or an “exchange paradigm”—provide useful insights; but we...

In a previous essay (Sison and Fontrodona <CitationRef CitationID="CR8">2012</CitationRef>), we defined the common good of the firm as collaborative work, insofar as it provides, first, an opportunity to develop knowledge, skills, virtues, and meaning (work as praxis), and second, inasmuch as it produces goods and services to satisfy...</citationref>