Organizations may fail to adopt sustainable solutions as a result of incomplete and/or inaccurate feedback into the decision making process. Events that cause harm - environmental, health, or social - are commonly the delayed effect of a prior course of action, itself the result of decisions that emerge from endogenous policy. By accelerating the cost of future harm into current period decisions, producers and purchasers have greater access to the quantity and quality of information that influence decisions to produce and consume. The creation of a financial policy structure that makes future, long-term costs of production, promotion, and consumption explicit in the decision process will correct a current deficiency in the analysis of costs and benefits made by producers and purchasers. Such a feedback loop would correct a structural market failure and could reduce the need for governmental regulation.

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Date created

• 2005 July 17-2005 July 21

Type

• Document

Processing Activity

• Processing documentation available at: https://wiki.albany.edu/display/SCA/Processing+Ingested+Digital+Files

License

• Creative Commons BY-NC-ND Attribution-NonCommercial-NoDerivs 4.0 International

  
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ITEM CONTEXT

Part of

cc5bb0ac12a5b68b26b1583548898dae

Scope and Contents

Part of

3c582e6f5cf305ef0030c7471b499022

Scope and Contents

Part of

23d738ba88f8333bc39725f9cb5bd0b8

Scope and Contents

Collection

System Dynamic Society Records

Scope and Contents

Collecting area

• This collection is part of the University Archives