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210syllabus_fall2007-2-1 - University of California at...

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University of California at Santa Barbara Donald Bren School of Environmental Science and Management ESM 210: Strategic Management and the Environment Fall, 2007 Instructor: Professor Gary Libecap (4412 Bren Hall) Class: MW 3:30-5:20 (Bren 1414). Prof. Libecap’s office hours : MW, 1:00-2:00 and by appointment. Email: [email protected] , phone 893-8611 Teaching Assistant: Vered Doctori-Blass (3518 Bren Hall) Office hours : Tuesday, 1:00-3:00 and by appointment. Email: [email protected] , phone 893-8485 Introduction : In this class we will examine the firm, its incentives to respond to environmental and natural resource problems, and the strategies it might undertake to do so. By taking this course, students will better understand the factors affecting firm responses to the environment and resource problems, how to work with firms as a leaders to explore strategies for providing environmental and resource benefits while at the same time being responsive to key constituencies and constraints facing the organization. We will examine the following topics: 1). The Problem of Externality . What are externalities, public goods, private goods, and property rights? Why must some aspect of a public good be appropriable for a firm to respond? What factors force firms to consider this problem? 2). The Firm and its Environment . What is a firm and what are the constituencies and constraints that it must respond to? 3). Competitive Strategy . What strategies might a firm consider in responding to environmental and natural resource problems that would allow it to appropriate some of the benefits and create a competitive advantage? 4). Regulation and Tax Policy . How might a firm respond to these standard methods of addressing externalities? 5). Private Collaborative, Market Solutions. Under what circumstances might voluntary, mutually-beneficial “Coasian” bargaining replace coercive regulation and taxes? Announcements. From time to time I will need to send an email to everyone in class. We have created a listserv for the class. Please make sure to subscribe using the following link: http://www.list.bren.ucsb.edu/mailman/listinfo/esm210 Readings . Most readings will be available either through required text books, reserve reading, or via downloads. Assignments . Students are required to be ready to discuss the readings used for each class. There will a combination of lectures, student projects, and outside presentations. Grading will be based on individual assessments, team assessments, and final exam. All
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assignments are due on the date shown on the syllabus before class as electronic files sent to Vered at [email protected] Grading . 30% individual work, 40% group work, and 30% final exam.
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