SUMMIT & RESEARCHFree short preview · Understand the direction, then choose the instruments
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Lela questions conventional efficiency definitions that omit environmental and social costs.
Attributed contributors: Magda Pavlak Chiaradia; Lela Mélon. “Lela questions conventional efficiency definitions that omit environmental and social costs..” Regulation and the Market for Circularity, Will Europe Lead?. ECOSYSTEM Summit, Barcelona, 18 September 2026. Session time 16:10–17:41. https://cs-ecosystem.commonshare.workers.dev/evidence/E-53ae0683f11e
Analyst synthesis. The recording establishes that a claim was made. It does not independently establish the claimed effect.
Lela questions conventional efficiency definitions that omit environmental and social costs.
Proposed mechanism: Broaden which costs determine whether a business is viable or efficient.
Limit: Normative framework; no full metric or threshold supplied.
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