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Elinor Ostrom -
Governing the commons (1990)
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What is missing from the policy analyst's tool kit - and from the set of accepted, well-developed theories of human organization - is an adequately specified theory of collective action whereby a group of principals can organize themselves voluntarily to retain the residuals of their own efforts.
Elinor Ostrom
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The power of a theory is exactly proportional to the diversity of situations it can explain.
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In some settings, however, rampant opportunistic behavior severely limits what can be done jointly without major investments in monitoring and sanctioning arrangements.
Elinor Ostrom
Quote of the day
Nobody ever did anything very foolish except from some strong principle.
William Lamb, 2nd Viscount Melbourne
Elinor Ostrom
Creative Commons
Born:
August 7, 1933
Died:
June 12, 2012
(aged 78)
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