Elinor Ostrom
Elinor Ostrom
Elinor Claire "Lin" Ostromwas an American political economist whose work was associated with the New Institutional Economics and the resurgence of political economy. In 2009, she shared the Nobel Memorial Prize in Economic Sciences with Oliver E. Williamson for "her analysis of economic governance, especially the commons". To date, she remains the only woman to win The Prize in Economics...
NationalityAmerican
ProfessionEconomist
Date of Birth7 August 1933
CountryUnited States of America
Elinor Ostrom quotes about
Brian Walker and David Salt have written a thoughtful and powerful book to help resource users and managers put resilience thinking into practice and aim toward increasing the sustainability of our world. I urge public officials, scholars, and students in public policy programs to place this volume on their list of must-read books. It is a powerful antidote to the overly simplified proposals too often offered as solutions to contemporary problems at multiple scales.
In some settings, however, rampant opportunistic behavior severely limits what can be done jointly without major investments in monitoring and sanctioning arrangements.
Bureaucrats sometimes do not have the correct information, while citizens and users of resources do.
The power of a theory is exactly proportional to the diversity of situations it can explain.
Little by little, bit by bit, family by family, so much good can be done on so many levels
There is no reason to believe that bureaucrats and politicians, no matter how well meaning, are better at solving problems than the people on the spot, who have the strongest incentive to get the solution right.
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.