| Title |
A Cyber Dimension To The Circular Economy-The Model Of External Complementarity In Consumer Behaviour |
| ID_Doc |
1729 |
| Authors |
Stoica, M; Mircea, M; Lixandru, ID |
| Title |
A Cyber Dimension To The Circular Economy-The Model Of External Complementarity In Consumer Behaviour |
| Year |
2023 |
| Published |
Economic Computation And Economic Cybernetics Studies And Research, 57, 2 |
| DOI |
|
| Abstract |
The dizzying speed of the development of global society in the 3(rd) millennium, through the spectacular growth of the information technology industry, is beginning to experience more and more brakes. Among these, the natural resource crisis, fuelled by various other crises, primarily human-induced, should be highlighted. Characterised by over-consumption and the tendency to deplete production resources, the traditional economic model is based on the produce -consume-throw-away principle. In contrast, the circular economy is a production and consumption model that involves extending the life cycle of products while acting as an intermediary ecosystem for the interaction between nature and society. Based on the premise that consumer input is significant in the circular economy, this paper proposes a model inspired by the cybernetic principle of external complementarity and applied to consumer behaviour, in which consumers can mitigate impacts on nature. Thus, based on the data research in the model, using a factor reduction analysis, the most important components in the process of creating new production resources were determined. Using a systems approach, the study highlights the link between the determinants of consumer behaviour in relation to the natural environment, with the aim of helping manufacturing organisations to understand how to move from a linear to a circular economy. |
| Author Keywords |
circular economy; consumer behaviour; external complementarity; system; cyber dimension |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI) |
| EID |
WOS:001023056000010 |
| WoS Category |
Economics; Mathematics, Interdisciplinary Applications |
| Research Area |
Business & Economics; Mathematics |
| PDF |
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