This paper treats programs in which firms voluntarily agree to meet environmental standards as "green clubs": clubs, because they provide non-rival but excludable reputation benefits to participating firms; green, because they also generate environmental public goods. The model illuminates a...

This paper treats programs in which firms voluntarily agree to meet environmental standards as "green clubs": clubs, because they provide non-rival but excludable reputation benefits to participating firms; green, because they also generate environmental public goods. The model illuminates a...

Ökologisch sinnvoll zu handeln und gleichzeitig ökonomisch erfolgreich zu wirtschaften, muss kein Widerspruch sein. Längst gibt es Unternehmen, die Nachhaltigkeit und Wirtschaftlichkeit in ihren Geschäftsmodellen miteinander in Einklang bringen. Denn zaudern und auf politische Vorgaben...