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Ostrom, Elinor (born 1933)

Author

Listed:
  • Paul Dragos Aligica
  • Peter Boettke

Abstract

Elinor 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 ‘markets vs. states’ 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.

Suggested Citation

  • Paul Dragos Aligica & Peter Boettke, 2010. "Ostrom, Elinor (born 1933)," The New Palgrave Dictionary of Economics,, Palgrave Macmillan.
    • Handle: RePEc:pal:dofeco:v:4:year:2010:doi:3839
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    More about this item

    Keywords

    common pool resources; economic governance; institutionalism; public choice; public economies; political economy;
    All these keywords.

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

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