Sustainable Consumption: Political Economy of Sustainable Consumption

Otakaari: Aalto University (2023)
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Abstract

This textbook on sustainable consumption develops a means to mitigate the environmental tragedy of the commons associated with climate change. We diagnosed that two problems to be solved are (1)the negligible impact each individual makes on the global atmospheric commons, and (2) the worry that others will not do their part in making sustainable choices. As well, individuals may not have perfect information about the impact of their consumptive choices. Topics in this book include consumer sovereignty; data and perfect information; tragedy of the commons; positive and negative externalities; negligibility and anti-rival goods; distributed ledger technology and cryptocurrencies; and polycentric governance.

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S. M. Amadae
Massachusetts Institute of Technology

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