Ostrom, Elinor (born 1933)
AbstractElinor Ostrom, a recipient of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2009, had a foundational contribution to the Public Choice movement and to the rise of the new institutionalism and has been a key figure in the resurgence of political economy. Her studies of common pool resources, economic governance and institutional diversity are an attempt to transcend the â€˜markets vs. statesâ€™ dichotomy and are marked by a distinctive approach, relying on multiple methods, interdisciplinary collaborative teamwork and the primacy of empirical observations in field and laboratory settings.
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This chapter was published in: Steven N. Durlauf & Lawrence E. Blume (ed.) , , pages , 2010, 4th quarter update.
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