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Tag: Nobel Prize

Honoring Elinor Ostrom

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Elinor Ostrom / Prolineserver 2010 / Wikipedia/Wikimedia Commons / CC BY-SA A collective sigh of sadness went around the Creative Commons community yesterday when we heard that Elinor Ostrom passed away. Elinor is greatly admired for her pioneering studies on the governance of common-pool resources (the Commons) and collective action across the fields of economics,…

Nobel Prize in Economics to Elinor Ostrom "for her analysis of economic governance, especially the commons"

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The 2009 Nobel Prize in Economics was awarded today to Elinor Ostrom and Oliver Williamson for their research on economic governance. Ostrom’s award is particularly exciting, for it cites her study of the commons. Commons? That sounds familiar! Ostrom’s pioneering work mostly concerns the governance of common-pool resources — resources that are rivalrous (i.e., scarce,…