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Does legalizing marijuana degrade operational efficiency?
Suvrat Dhanorkar, Suresh Muthulingam, In Joon Noh
Penn State University, United States of America
We study whether legalizing marijuana affects the operational efficiency of manufacturing facilities. We leverage a state-level quasi-experimental setting that arises with the staggered passage of marijuana laws. We find that medical marijuana legislation (MML) adversely affects operational efficiency of facilities, the average waste increased by 5.22 % after MML. Facilities start fewer managerial and technical modifications after MML, which clarifies the degrading mechanisms.
Does less information result in more? The role of information and specificity in take-back programs for clothing
Erin McKie1, Anna Saez de Tejada Cuenca2, Vishal Agrawal3
1Fisher College of Business, The Ohio State University; 2IESE Business School, Spain; 3McDonough School of Business, Georgetown University
Retailers are increasingly sponsoring take-back initiatives to facilitate the recycling and reuse of secondhand clothing. To stimulate the return of goods, providers share information about circular economy strategies and offer consumers a small incentive in exchange for used clothing items. Through three experiments involving over 3,5000 subjects, we test how consumers’ willingness to return their used garments is affected as the degree of circular economy transparency and reward level is manipulated.
Measuring and mitigating lead emissions in a deadly circular economy