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Institutional Diversity and Political Economy: The Ostroms and Beyond

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  • Aligica, Paul Dragos

    (F. A. Hayek Program for Advanced Study in Philosophy, Politics and Economics, Mercatus Center, George Mason University)

Abstract

Elinor Ostrom, co-recipient of the 2009 Nobel Prize in economics, argues that in studying social order, we should not be limited to only the conceptions of order derived from the work of Adam Smith and Thomas Hobbes. To be precise, we should not limit ourselves to theoretical frameworks of The State and to theoretical frameworks of The Market. We need approaches that match the extensive variety of institutional arrangements existent in the world. In this book, Paul Dragos Aligica discusses some of the most challenging ideas emerging out of the research program on institutional diversity associated with Ostrom and her associates, while outlining a set of new research directions and an original interpretation of the significance and future of this program. Available in OSO: http://www.oxfordscholarship.com/oso/public/content/economicsfinance/9780199843909/toc.html

Suggested Citation

  • Aligica, Paul Dragos, 2013. "Institutional Diversity and Political Economy: The Ostroms and Beyond," OUP Catalogue, Oxford University Press, number 9780199843909.
  • Handle: RePEc:oxp:obooks:9780199843909
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    Cited by:

    1. Hartmut Kliemt, 2017. "ABC – Austria, Bloomington, Chicago: Political Economy the Ostrom Way," Advances in Austrian Economics, in: Paul Dragos Aligica & Paul Lewis & Virgil H. Storr (ed.), The Austrian and Bloomington Schools of Political Economy, volume 22, pages 15-47, Emerald Publishing Ltd.
    2. Palagashvili,Liya & Piano,Ennio & Skarbek,David, 2017. "The Decline and Rise of Institutions," Cambridge Books, Cambridge University Press, number 9781316649176, April.

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