Economists
Elinor Ostrom
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Elinor Ostrom was an American political economist and the first woman to win the Nobel Memorial Prize in Economic Sciences, awarded in 2009 for her analysis of economic governance, especially the commons. Her research, drawn from decades of fieldwork on real irrigation systems, fisheries, forests, and grazing lands around the world, showed that communities can and do design their own durable rules for managing shared resources sustainably, through monitoring and mutual enforcement, without requiring either privatization or centralized government control. Her 1990 book Governing the Commons remains the foundational text of what is often called the Bloomington School or New Institutional Economics.
Facts
Cross-Tradition Connections
Critiqued Here
Ostrom's fieldwork and her Nobel-winning Governing the Commons (1990) showed that communities can craft their own durable rules to manage shared resources sustainably, through monitoring and mutual enforcement, without requiring either privatization or top down government control, challenging Garrett Hardin's 1968 conclusion that only those two solutions could prevent overuse.
Associated With School
Ostrom co-founded the Workshop in Political Theory and Policy Analysis with her husband Vincent Ostrom in 1973, the school's institutional home; her Nobel-winning work on commons governance is its most prominent expression. This is a second, separately recorded associated-with-school edge alongside her existing one to New Institutional Economics, the same multiple-membership convention already used for e.g. Joan Robinson.
Concepts Originated
Ostrom's 1990 Governing the Commons founded the empirical commons-governance branch of New Institutional Economics this concept entry describes.
In the Other Atlases
Sources
1. Wikipedia
1. Wikipedia
1. Wikipedia
Wikimedia FoundationConcepts Originated: The Commons, Awards sectionQuote, Concepts Originated: The Commons, Awards section
In 2009, she was awarded the Nobel Memorial Prize in Economic Sciences for her 'analysis of economic governance, especially the commons'.
1. Wikipedia
Wikimedia FoundationAssociated With School: Bloomington School, Bloomington school, Origins and development sectionQuote, Associated With School: Bloomington School, Bloomington school, Origins and development section
The Ostroms founded the Workshop in Political Theory and Policy Analysis in 1973, which became the institutional home for research on self-governance and institutional diversity.
The New Palgrave Dictionary of Economics
Palgrave MacmillanOstrom, Elinor
Governing the Commons
Elinor Ostrom, Cambridge University Press, 1990Associated With School: New Institutional Economics
Governing the Commons
Elinor Ostrom, Cambridge University Press, 1990Associated With: Tragedy of the Commons, Chapter 3Quote, Associated With: Tragedy of the Commons, Chapter 3
Ostrom's Governing the Commons shows communities frequently design and enforce their own durable rules for sustainable collective management, without either privatization or central control.
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