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The Circular Economy and Institutional Economics : Compatibility and Complementarity

Whalen, Katherine A. LU and Whalen, Charles J. (2018) In Journal of Economic Issues 52(3). p.605-614
Abstract

Abstract: The notion of a circular economy (CE) developed out of the work of Kenneth Boulding and others concerned about Earth’s limited resources and its capacity for regeneration. The concept has recently become the heart of an economic perspective influencing governments, companies, and researchers. Core topics examined by those researchers include resource use, economic value, and systems thinking. The CE literature and the tradition of institutional economics (IE) have important elements of compatibility and complementarity which we examine in this article. There are also opportunities for collaboration between CE and IE.

Please use this url to cite or link to this publication:
author
and
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
circular economy, economic value, institutional economics, resource use, systems thinking
in
Journal of Economic Issues
volume
52
issue
3
pages
10 pages
publisher
Association for Evolutionary Economics
external identifiers
  • scopus:85052859540
ISSN
0021-3624
DOI
10.1080/00213624.2018.1495985
language
English
LU publication?
yes
id
630e1911-42fe-4ea7-a2ad-da2a0d825c7e
date added to LUP
2018-10-18 14:37:25
date last changed
2021-10-06 02:35:26
@article{630e1911-42fe-4ea7-a2ad-da2a0d825c7e,
  abstract     = {<p>Abstract: The notion of a circular economy (CE) developed out of the work of Kenneth Boulding and others concerned about Earth’s limited resources and its capacity for regeneration. The concept has recently become the heart of an economic perspective influencing governments, companies, and researchers. Core topics examined by those researchers include resource use, economic value, and systems thinking. The CE literature and the tradition of institutional economics (IE) have important elements of compatibility and complementarity which we examine in this article. There are also opportunities for collaboration between CE and IE.</p>},
  author       = {Whalen, Katherine A. and Whalen, Charles J.},
  issn         = {0021-3624},
  language     = {eng},
  number       = {3},
  pages        = {605--614},
  publisher    = {Association for Evolutionary Economics},
  series       = {Journal of Economic Issues},
  title        = {The Circular Economy and Institutional Economics : Compatibility and Complementarity},
  url          = {http://dx.doi.org/10.1080/00213624.2018.1495985},
  doi          = {10.1080/00213624.2018.1495985},
  volume       = {52},
  year         = {2018},
}