Elinor ostrom 8 principles

Elinor Ostrom: An Uncommon Scholar

By: Alexandria Ruschman, Bicentennial Intern, Class of 2021, International Studies and Central Eurasian Studies, IU Bloomington

Edited by: Ellie Kaverman and Bre Anne Briskey, Bicentennial Graduate Assistants

It’s not just elected officials and top executives who are brilliant. There are many individuals who have pretty good insights. I want to enable them.[1]–Elinor Ostrom

Indiana University’s history is full of countless faculty members who led groundbreaking academic careers, all while contributing to the improvement of IU and local communities. There is possibly no better example of this than Elinor Ostrom, longtime professor of political science at Indiana University and the first woman to win the Nobel Prize in Economics in 2009.

While Ostrom is best known for her Nobel Prize winning work on shared governance of the “The Commons,” the many IU faculty, staff, and students who worked closely with her  knew her as an outstanding colleague, mentor, and teacher.

In the last decade, nearly two dozen of her students have received N

 

In 2009, Elinor Ostrom, along with oliver e. williamson, was awarded the Nobel Prize in economics. Ostrom, the only woman to ever win the prize, received it “for her analysis of economic governance, especially the commons.” She demonstrated “how local property can be successfully managed by local commons without any regulation by central authorities or privatization.”

In her research, Ostrom applied rational choice theory and insights from development economics to ecological preservation. Yet she had little formal economics training, having earned all her degrees in political science. Possibly for that reason, Ostrom differed from most modern economists, basing her research on case studies. She studied arrangements in irrigation, fisheries, and forest use in a wide range of countries, including Nepal, Spain, Indonesia, Nigeria, Bolivia, Sweden, and the United States.

Most economists are familiar with the late Garrett Hardin’s classic article, “The Tragedy of the Commons” (see Tragedy of the Commons). Hardin’s idea was that when no one owns a resource, it is ove

Elinor Ostrom

Elinor Claire "Lin" Ostrom (néeAwan; August 7, 1933 – June 12, 2012) was an Americanpolitical economist. She won the Nobel Prize 2009 in Economic Sciences which she shared with Oliver Williamson. Ostrom became the first woman to win a Nobel Prize in this category. Her worked said that the idea of the Tragedy of the Commons was too simple. Some communities do share common resources in a positive way and do not waste or destroy them.

Ostrom was one of 20 Nobel Laureates[1] who signed the "Stockholm memorandum" at the 3rd Nobel Laureate Symposium on Global Sustainability in Stockholm, Sweden on 18 May 2011.[2]

Ostrom taught at both Indiana University and Arizona State University. She was born in Los Angeles, California.[3] She was married to political scientist Vincent Ostrom (born 1919) from 1963 until she died. She was diagnosed with pancreatic cancer in October 2011 and died of the disease[3] in Bloomington, Indiana at age 78.[4]

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  1. ↑Such as Peter Agre, Nadine

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