Fred Weekly: The Problem with Life-Cycle Analysis

Fred L. Smith, Jr. explains the problems with life-cycle assessments that require firms to track the residual effects of their actions, as well as the actions of others along the production/distribution chain. This fails to take into account the differences between various types of residuals, the limits of localized knowledge, and the lack of control over the activities of others.

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News & Politics

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• Fred L Smith Jr
• business
• politics
• residual
• effects
• environmental
• regulations
• pollution
• property
• networks
• knowledge
• industry
• information
• stewardship
• externality
• transaction
• spillover