DOCSLIB.ORG

ADVANCED SEMINAR in INSTITUTIONAL THEORY and GOVERNANCE STUDIES: ELINOR OSTROM and OLIVER WILLIAMSON in COMPARATIVE PERSPECTIVE Paul Dragos Aligica

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
ADVANCED SEMINAR in INSTITUTIONAL THEORY and GOVERNANCE STUDIES: ELINOR OSTROM and OLIVER WILLIAMSON in COMPARATIVE PERSPECTIVE Paul Dragos Aligica ADVANCED SEMINAR IN INSTITUTIONAL THEORY AND GOVERNANCE STUDIES: ELINOR OSTROM AND OLIVER WILLIAMSON IN COMPARATIVE PERSPECTIVE Paul Dragos Aligica “The Royal Swedish Academy of Sciences has decided to award The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for 2009 to Elinor Ostrom, Indiana University, Bloomington, USA, for her analysis of economic governance, especially the commons and Oliver E. Williamson University of California, Berkeley, USA, for his analysis of economic governance, especially the boundaries of the firm. Economic governance: the organization of cooperation. Elinor Ostrom has demonstrated how common property can be successfully managed by user associations. Oliver Williamson has developed a theory where business firms serve as structures for conflict resolution. Over the last three decades these seminal contributions have advanced economic governance research from the fringe to the forefront of scientific attention.” The Royal Swedish Academy of Sciences, 12 October 2009 ELINOR OSTROM OLIVER WILLIAMSON SOURCES AND Public Administration Organization Theory DIMENSIONS (DOMAIN) Ostrom, V., and Ostrom, E. (1965), “A Behavioral Williamson, Oliver E., ed. Organization Theory: From Approach to the Study of Intergovernmental Relations.” Chester Barnard to the Present and Beyond. Oxford The Annals of the American Academy of Political and University Press, 1995. Social Science, vol. 359, pp. 137—146. Williamson, Oliver E. "The evolving science of Ostrom, E. (1972), "Metropolitan Reform: Propositions organization." Journal of Institutional and Theoretical Derived from Two Traditions", Social Science Quarterly, Economics (JITE)/Zeitschrift für die gesamte vol.53, December, pp. 474-493. Staatswissenschaft (1993): 36-63. Ostrom, V., and Ostrom, E. (1977), "Public Goods and Williamson, Oliver E. "Transaction cost economics and Public Choices." In Alternatives for Delivering Public organization theory." Industrial and Corporate Services. Toward Improved Performance, ed. E. S. Savas, Change 2.2 (1993): 107-156. pp. 7-49. Boulder, CO: Westview Press. Williamson, Oliver E. "The theory of the firm as Ostrom, E. (1983), "A Public Choice Approach to governance structure: from choice to contract." Journal Metropolitan Institutions: Structure, Incentives, and of Economic Perspectives 16.3 (2002): 171-195. Performance", Social Science Journal, vol. 20, no. 3, pp. 79-96. SOURCES AND Public Choice Theory Transaction Costs Theory DIMENSIONS (APPROACH) Ostrom, Vincent, and Elinor Ostrom. 1971. ‘Public Choice: Williamson, Oliver E. "Transaction cost economics: An A Different Approach to the Study of Public introduction." Economics Discussion Paper 2007-3 Administration.’ Public Administration Review 31(2): (2007). 203–16. Williamson, Oliver E. "Transaction cost economics: how Ostrom, Elinor, and Vincent Ostrom. 2004. ‘The Quest for it works; where it is headed." De economist 146.1 Meaning in Public Choice.’ American Journal of (1998): 23-58. Economics and Sociology 63(1): 105–47. Williamson, Oliver E. "The economics of organization: Ostrom, Elinor. 1986. ‘An Agenda for the Study of The transaction cost approach." American Journal of Institutions.’ Public Choice 48(1): 3–25. 5. Sociology 87.3 (1981): 548-577. Ostrom, Elinor. 1998. ‘A Behavioral Approach to the Williamson, Oliver E. "Transaction cost economics and Rational Choice Theory of Collective Action.’ American public administration." Public priority setting: Rules and Political Science Review 92(1): 1–22. 6. costs. Springer, Dordrecht, 1997. 19-37. MAGNUM OPUS Ostrom, E. (1990), Governing the Commons: The Williamson, Oliver E. (1985) The Economic Institutions Evolution of Institutions for Collective Action, Cambridge of Capitalism. Firms, Markets, Relational University Press. Contracting. New York: The Free Press. NOBEL PRIZE Ostrom, Elinor. 2010. ‘Beyond Markets and States: Williamson, Oliver E. "Transaction cost economics: The ADDRESS Polycentric Governance of Complex Economic Systems.’ natural progression." American Economic Review 100.3 American Economic Review 100(3): 641–72. 7. (2010): 673-90. 1 ELINOR OSTROM Elinor Ostrom – The Public Choice Sources and Dimension: Ostrom, Vincent, and Elinor Ostrom. 1971. ‘Public Choice: A Different Approach to the Study of Public Administration.’ Public Administration Review 31(2): 203–16. Ostrom, Elinor, and Vincent Ostrom. 2004. ‘The Quest for Meaning in Public Choice.’ American Journal of Economics and Sociology 63(1): 105–47. Ostrom, Elinor. 1986. ‘An Agenda for the Study of Institutions.’ Public Choice 48(1): 3–25. 5. Ostrom, Elinor. 1998. ‘A Behavioral Approach to the Rational Choice Theory of Collective Action.’ American Political Science Review 92(1): 1–22. 6. Elinor Ostrom – The Public Administration Sources and Dimension: Ostrom, V., and Ostrom, E. (1965), “A Behavioral Approach to the Study of Intergovernmental Relations.” The Annals of the American Academy of Political and Social Science, vol. 359, May, pp. 137—146. Ostrom, E. (1972), "Metropolitan Reform: Propositions Derived from Two Traditions", Social Science Quarterly, vol.53, December, pp. 474-493. Ostrom, V., and Ostrom, E. (1977), "Public Goods and Public Choices." In Alternatives for Delivering Public Services. Toward Improved Performance, ed. E. S. Savas, pp. 7-49. Boulder, CO: Westview Press. Ostrom, E. (1983), "A Public Choice Approach to Metropolitan Institutions: Structure, Incentives, and Performance", Social Science Journal, vol. 20, no. 3, July, pp. 79-96. Elinor Ostrom – Magnum opus: Ostrom, E. (1990), Governing the Commons: The Evolution of Institutions for Collective Action, Cambridge University Press. Elinor Ostrom – Nobel Prize address: Ostrom, Elinor. 2010. ‘Beyond Markets and States: Polycentric Governance of Complex Economic Systems.’ American Economic Review 100(3): 641–72. 7. 2 OLIVER WILLIAMSON Oliver Williamson – Organization Theory Sources and Dimension: Williamson, Oliver E., ed. Organization Theory: From Chester Barnard to the Present and Beyond. Oxford University Press, 1995. Williamson, Oliver E. "The evolving science of organization." Journal of Institutional and Theoretical Economics (JITE)/Zeitschrift für die gesamte Staatswissenschaft (1993): 36-63. Williamson, Oliver E. "Transaction cost economics and organization theory." Industrial and Corporate Change 2.2 (1993): 107-156. Williamson, Oliver E. "The theory of the firm as governance structure: from choice to contract." Journal of Economic Perspectives 16.3 (2002): 171-195. Oliver Williamson – Transaction Costs Theory Sources and Dimension: Williamson, Oliver E. "Transaction cost economics: how it works; where it is headed." De economist 146.1 (1998): 23-58. Williamson, Oliver E. "Transaction cost economics: An introduction." Economics Discussion Paper 2007-3 (2007). Williamson, Oliver E. "The economics of organization: The transaction cost approach." American Journal of Sociology 87.3 (1981): 548-577. Williamson, Oliver E. "Transaction cost economics and public administration." Public priority setting: Rules and costs. Springer, Dordrecht, 1997. 19-37. Oliver Williamson – Magnum opus: Williamson, Oliver E. (1985) The Economic Institutions of Capitalism. Firms, Markets, Relational Contracting. New York: The Free Press. Oliver Williamson – Nobel Prize address: Williamson, Oliver E. "Transaction cost economics: The natural progression." American Economic Review 100.3 (2010): 673-90. 3 .
Load more

Recommended publications
  • Contents Commons Forum
    Summer 2011 No. 11 ince the end of the 13th IASC Global Conference conference was a unique demonstration of that in Hyderabad, the Executive Council has balance since it was the first meeting in our history Sapproved one global conference and two that was sponsored by a practitioner organization. meetings. The next Global Conference will be at the foot of Mount Fuji in Kitafuji, Japan, in the summer This number of the Digest showcases some of the of 2013; in addition, the Asian Regional Meeting will highlights of the Hyderabad meeting: excerpts from be held Ulan Bator, Mongolia, in June 2012, and our the speech of Shri Jairam Ramesh, Minister of the 1st Thematic Meeting on “knowledge commons” is Environment and Forests in India; the final conference scheduled for September 2012 in Louvain-La-Nouve, report from the Foundation for Ecological Security Belgium. Our European meeting (“Shared Resources (FES) presented by Jagdeesh Rao Puppala, and a in a Rapidly Changing World”) will be held in Plovdiv, thoughtful report on the Hyderabad meeting from Bulgaria, this coming September. Kate Ashbrook, general secretary of the English Open Spaces Society. This special edition of The Commons Digest focuses on our extremely successful meeting in Hyderabad This issue includes, as always, the valuable updates this past January. The first article is the splendid to the Digital Library of the Commons (DLC) at Indiana presidential address given by Dr. Ruth Meinzen-Dick, University, compiled by Emily Castle, Director of the in which she highlighted recent milestones in the DLC. history and work of IASC. The first milestone was Elinor Ostrom’s 2009 Nobel Prize in Economic Sciences for Finally, please read the invitation to join IASC written her work on the commons; Dr.
    [Show full text]
  • The Contribution of Douglass North to New Institutional Economics Claude Ménard, Mary M
    The Contribution of Douglass North to New Institutional Economics Claude Ménard, Mary M. Shirley To cite this version: Claude Ménard, Mary M. Shirley. The Contribution of Douglass North to New Institutional Economics. Sebastian Galani, Itai Sened. Institutions, Property Rights and Economic Growth: The legacy of Douglass North, Cambridge University Press, pp.11-29, 2014, 9781107041554. 10.1017/CBO9781107300361.003. hal-01315473 HAL Id: hal-01315473 https://hal.archives-ouvertes.fr/hal-01315473 Submitted on 13 May 2016 HAL is a multi-disciplinary open access L’archive ouverte pluridisciplinaire HAL, est archive for the deposit and dissemination of sci- destinée au dépôt et à la diffusion de documents entific research documents, whether they are pub- scientifiques de niveau recherche, publiés ou non, lished or not. The documents may come from émanant des établissements d’enseignement et de teaching and research institutions in France or recherche français ou étrangers, des laboratoires abroad, or from public or private research centers. publics ou privés. THE CONTRIBUTION OF DOUGLASS NORTH TO NEW INSTITUTIONAL ECONOMICS Claude Ménard And Mary M. Shirley Chap. 1, pp. 11-29 In: INSTITUTIONS, PROPERTY RIGHTS, and ECONOMIC GROWTH. The Legacy of Douglass Nortrh. S. Galiani and I. Sened (eds.), Cambridge: Cambridge University Press 2014 2 The Contribution of Douglass North to New Institutional Economics By Claude Ménard and Mary M. Shirley 1 Abstract Douglass North, along with Ronald Coase, Elinor Ostrom, and Oliver Williamson, transformed the early intuitions of new institutional economics into powerful conceptual and analytical tools that spawned a robust base of empirical research. NIE arose in response to questions not well explained by standard neoclassical models, such as make or buy? Or, why rich or poor? Today NIE is a success story by many measures: four Nobel laureates in under 20 years, increasing penetration of mainstream journals, and significant impact on major policy debates from anti-trust law to development aid.
    [Show full text]
  • Remembering Elinor Ostrom: Her Work and Its Contribution to the Theory and Practice of Conservation and Sustainable Natural Resource Management
    IUCN COMMISSION ON ENVIRONMENTAL, ECONOMIC AND SOCIAL POLICY Policy Matters ISSUE 19 - APRIL 2014 RememberingHER WORK AND ITS CONTRIBUTION TO THE THElinorEORY AND PRA OstromCTICE OF CONSERVATION AND SUSTAINABLE NATURAL RESOURCE MANAGEMENT IUCN COMMISSION ON ENVIRONMENTAL, ECONOMIC AND SOCIAL POLICY Policy Matters ISSUE 19 – APRIL 2014 RememberingHER WORK AND ITS ElinorCONTRIBUTIO OstromN TO THE THEORY AND PRACTICE OF CONSERVATION AND SUSTAINABLE NATURAL RESOURCE MANAGEMENT James P. Robson IainEdited J. Davidson-Hunt by: Alyne Delaney Gabriela Lichtenstein Lapologang Magole Aroha Te Pareake Mead © 2014 International Union for Conservation of Nature Reproduction of this publication for educational or other non-commercial uses is authorized without prior written permission from the copyright holder(s) provided the source is fully acknowledged. Reproduction of this publication for resale or other commercial purposes is prohibited without prior written permission of the copyright holder(s). The views expressed in this publication do not necessarily reflect those of International Union for the Conservation of Nature (IUCN) or of the Commission on Environmental, Economic and Social Policy (CEESP). The designation of geographical entities in this book, and the presentation of the material, do not imply the expression of any opinion whatsoever on the part of IUCN [**or other participating organizations] concerning the legal status of any country, territory, or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries. This publication should be cited as: Robson, James P., Iain J. Davidson-Hunt, Alyne Delaney, Gabriela Lichtenstein, Lapologang Magole and Aroha Te Pareake Mead.Policy Matters2014. Remembering Elinor Ostrom: Her Work and Its Contribution to the Theory and Practice of Conservation and Sustainable Natural Resource Management.
    [Show full text]
  • Professor Elinor Ostrom and Professor Oliver E. Williamson
    Professor Elinor Ostrom and Professor Oliver E. Williamson The Division of Resource Economics congratulates the two Nobel Prize Winners, who are experts in Institutional Analysis, for the highest scientific award! This year’s Nobel Prize in Economics goes to Elinor Ostrom and Oliver E. Williamson. They won the Nobel Economics Prize for their work on institutions and governance struc- tures, common property regimes and transaction cost economics, making Elinor Ostrom the first woman to win the award. The work of both Professor Ostrom and Professor Williamson have played a great role during the development of the Division of Resource Economics and in its approaches used in research and teaching. The Division has close connections to their Institutes, the Workshop in Political Theory and Policy Analysis at Indiana University and the Haas School of Business, University of California Berkeley. Main concepts and theories de- veloped by the new Nobel Prize Winners have been instrumental for the Division of Re- source Economics in developing the research field of “Institutional Resource Economics“ and crafting the Division’s analytical framework named “Institutions of Sustainability“ (IOS). Professor Ostrom and Professor Hagedorn and their teams collaborated in a large project on “Promotion of Institutions for Natural Resource and Environmental Management in Central and Eastern Europe (PINE)“ funded by the Alexander von Humboldt Foundation. Professor Ostrom has close academic ties with Humboldt-Universität zu Berlin. In 2007, she received the Honorary Doctorate of Humboldt-Universität having been nominated by the Faculty of Agriculture and Horticulture. In May 2009, Alexander von Humboldt Foundation honored Pro- fessor Ostrom with the Reimar-Lüst Award.
    [Show full text]
  • ΒΙΒΛΙΟΓ ΡΑΦΙΑ Bibliography
    Τεύχος 53, Οκτώβριος-Δεκέμβριος 2019 | Issue 53, October-December 2019 ΒΙΒΛΙΟΓ ΡΑΦΙΑ Bibliography Βραβείο Νόμπελ στην Οικονομική Επιστήμη Nobel Prize in Economics Τα τεύχη δημοσιεύονται στον ιστοχώρο της All issues are published online at the Bank’s website Τράπεζας: address: https://www.bankofgreece.gr/trapeza/kepoe https://www.bankofgreece.gr/en/the- t/h-vivliothhkh-ths-tte/e-ekdoseis-kai- bank/culture/library/e-publications-and- anakoinwseis announcements Τράπεζα της Ελλάδος. Κέντρο Πολιτισμού, Bank of Greece. Centre for Culture, Research and Έρευνας και Τεκμηρίωσης, Τμήμα Documentation, Library Section Βιβλιοθήκης Ελ. Βενιζέλου 21, 102 50 Αθήνα, 21 El. Venizelos Ave., 102 50 Athens, [email protected] Τηλ. 210-3202446, [email protected], Tel. +30-210-3202446, 3202396, 3203129 3202396, 3203129 Βιβλιογραφία, τεύχος 53, Οκτ.-Δεκ. 2019, Bibliography, issue 53, Oct.-Dec. 2019, Nobel Prize Βραβείο Νόμπελ στην Οικονομική Επιστήμη in Economics Συντελεστές: Α. Ναδάλη, Ε. Σεμερτζάκη, Γ. Contributors: A. Nadali, E. Semertzaki, G. Tsouri Τσούρη Βιβλιογραφία, αρ.53 (Οκτ.-Δεκ. 2019), Βραβείο Nobel στην Οικονομική Επιστήμη 1 Bibliography, no. 53, (Oct.-Dec. 2019), Nobel Prize in Economics Πίνακας περιεχομένων Εισαγωγή / Introduction 6 2019: Abhijit Banerjee, Esther Duflo and Michael Kremer 7 Μονογραφίες / Monographs ................................................................................................... 7 Δοκίμια Εργασίας / Working papers ......................................................................................
    [Show full text]
  • The Future of the Commons
    The Future of the Commons Electronic copy available at: http://ssrn.com/abstract=2267381 The Future of the Commons Beyond Market Failure and Government Regulation ELINOR OSTROM with contributions from CHRISTINA CHANG MARK PENNINGTON VLAD TARKO The Institute of Economic Affairs Electronic copy available at: http://ssrn.com/abstract=2267381 First published in Great Britain in 2012 by CONTENTS The Institute of Economic Affairs 2 Lord North Street Westminster London sw1p 3lb in association with Profile Books Ltd The authors 7 The mission of the Institute of Economic Affairs is to improve public understanding of the fundamental institutions of a free society, with particular Acknowledgement 9 reference to the role of markets in solving economic and social problems. Foreword 10 Summary 14 Copyright © The Institute of Economic Affairs 2012 List of figures and table 17 The moral right of the author has been asserted. 1 Elinor Ostrom, common-pool resources and All rights reserved. Without limiting the rights under copyright reserved above, the classical liberal tradition 21 no part of this publication may be reproduced, stored or introduced into a retrieval system, or transmitted, in any form or by any means (electronic, Mark Pennington mechanical, photocopying, recording or otherwise), without the prior written Introduction 21 permission of both the copyright owner and the publisher of this book. Ostrom on incentives and the management of common-pool resources 22 A CIP catalogue record for this book is available from the British Library. Ostrom and the classical liberal tradition 38 ISBN 978 0 255 36653 3 Conclusion: Ostrom and the need for a new economics 44 eISBN 978 0 255 36681 6 References 46 Many IEA publications are translated into languages other than English or are reprinted.
    [Show full text]
  • The Environmental Optimism of Elinor Ostrom Edited By: Megan E
    The Environmental Optimism of Elinor Ostrom Edited by: Megan E. Jenkins, Randy T Simmons, and Camille H. Wardle The Environmental Optimism of Elinor Ostrom Edited by: Megan E. Jenkins, Randy T Simmons, and Camille H. Wardle Copyright © 2020 the Center for Growth and Opportunity at Utah State University All rights reserved Paperback ISBN 978-1-7348561-0-1 eISBN 978-1-7348561-1-8 Cover design and typesetting by Brooke Jacques The Center for Growth and Opportunity at Utah State University 3525 Old Main Hill Logan, UT 84322 www. thecgo.org “As an institutionalist studying empirical phenomena, I presume that individuals try to solve problems as effectively as they can. It is my responsibility as a scientist to ascertain what problem individuals are trying to solve and what factors help or hinder them in these efforts.” –Elinor Ostrom, 2009 Nobel Laureate in Economic Sciences Contents Introduction ................................................................................... vii Megan E. Jenkins and Randy T Simmons Chapter 1 Resource Governance in the American West: Institutions, Information, and Incentives ............................................ 1 Peter J. Hill and Shawn Regan Chapter 2 Self-Governance, Polycentricity, and Environmental Policy................... 31 Jordan K. Lofthouse Chapter 3 Pacific Salmon Fisheries Management: An (Unusual) Example of Polycentric Governance Involving Indigenous Participation at Multiple Scales .......................... 61 Shane Day Chapter 4 Population Growth and the Governance of Complex Institutions: People Are More Than Mouths to Feed ............... 91 Pierre Desrochers and Joanna Szurmak Chapter 5 Contracting and the Commons: Linking the Insights of Gary Libecap and Elinor Ostrom ....................... 149 Eric C. Edwards and Bryan Leonard Chapter 6 The Environmental Benefits of Long-Distance Trade: Insights from the History of By-Product Development .........................
    [Show full text]
  • 1 the Nobel Prize in Economics Turns 50 Allen R. Sanderson1 and John
    The Nobel Prize in Economics Turns 50 Allen R. Sanderson1 and John J. Siegfried2 Abstract The first Sveriges Riksbank Prizes in Economic Sciences in Memory of Alfred Nobel, were awarded in 1969, 50 years ago. In this essay we provide the historical origins of this sixth “Nobel” field, background information on the recipients, their nationalities, educational backgrounds, institutional affiliations, and collaborations with their esteemed colleagues. We describe the contributions of a sample of laureates to economics and the social and political world around them. We also address – and speculate – on both some of their could-have-been contemporaries who were not chosen, as well as directions the field of economics and its practitioners are possibly headed in the years ahead, and thus where future laureates may be found. JEL Codes: A1, B3 1 University of Chicago, Chicago, IL, USA 2Vanderbilt University, Nashville, TN, USA Corresponding Author: Allen Sanderson, Department of Economics, University of Chicago, 1126 East 59th Street, Chicago, IL 60637, USA Email: [email protected] 1 Introduction: The 1895 will of Swedish scientist Alfred Nobel specified that his estate be used to create annual awards in five categories – physics, chemistry, physiology or medicine, literature, and peace – to recognize individuals whose contributions have conferred “the greatest benefit on mankind.” Nobel Prizes in these five fields were first awarded in 1901.1 In 1968, Sweden’s central bank, to celebrate its 300th anniversary and also to champion its independence from the Swedish government and tout the scientific nature of its work, made a donation to the Nobel Foundation to establish a sixth Prize, the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.2 The first “economics Nobel” Prizes, selected by the Royal Swedish Academy of Sciences were awarded in 1969 (to Ragnar Frisch and Jan Tinbergen, from Norway and the Netherlands, respectively).
    [Show full text]
  • EC212 Experimental Economics (Fall 2020)
    EC212 Experimental Economics (Fall 2020) Seminar Leader: Israel Waichman Course Times: Tue, Thu 10:45-12:15 Email: [email protected] Office hours: Tue, Thu 12:30-13:30 (by appointment) Course Description Experimental economics is the application of experimental methods to economic questions. Experiments are used in economics to test the descriptiveness of economic models, to study behaviour in cases where theory provides ambiguous predictions (or no predictions), and also to test economic policies. The course aims at introducing experimental economics and its various applications in economics. We will conduct some of the experiments in the classroom, providing the participants in the course with first-hand experience of the economic situations that are being thought. The course consists of three parts: In the first part: “the methodology of experimental economics,” we introduce experimental economics. We discuss the merits (and limits) of experiments, and the principles of conducting and analyzing an experiment. In the second part “Applications: Influential experiments in economics”, we survey some of the seminal research in experimental (and behavioral) economics (e.g. market experiments, bargaining experiments, biases and heuristics under uncertainty, public good games, etc.). In the third (short) part, students will present their own small pilot studies. This will be done in pairs. Learning Outcomes ➢ We study controlled experiments and their importance to scientific inference ➢ We discuss the merits (and limitations) of experiments in economics ➢ We study how to conduct economic experiments ➢ We study seminal research in experimental economics: markets experiments, bargaining experiments, prediction markets, public good provision, etc. ➢ The students will conduct their own experiment and perform an initial data analysis Requirements Prerequisites Participants in the seminar should have passed the "Principles of Economics" and “Microeconomics for Economics” class.
    [Show full text]
  • Politics of Political Economy: Revisiting Elinor Ostrom and Garrett Hardin
    POLITICS OF POLITICAL ECONOMY: REVISITING ELINOR OSTROM AND GARRETT HARDIN Will Parsley TC 660H Plan II Honors Program The University of Texas at Austin November 29, 2016 __________________________________________ Dr. Alexandra K. Wettlaufer French and Italian, Plan II Honors Supervising Professor __________________________________________ Joseph Bailey Jr. Plan II Honors Second Reader ABSTRACT Author: Will Parsley Title: Politics of Political Economy: Revisiting Elinor Ostrom and Garrett Hardin Supervising Professors: Dr. Alexandra K. Wettlaufer and Joseph Bailey Jr. The goal of this thesis is to provide perspective on Prof. Elinor Ostrom’s (d. 2012) challenges and achievements in the field of Political Economy. Her works, chiefly Governing the Commons: The Evolution of Institutions of Collective Action published in 1990, are emblematic of a consensus change in the lens through which policy makers, economists, and everyday human beings view management of shared natural resources. Elinor “Lin” Ostrom’s thinking typifies that of the model 21st-century political economist: combining creative vision with dogged empirical research to address wholly new and distinctly modern sets of problems. Professor Ostrom tackled problems such as wildlife preservation, urban water management, and fishery conservation among others. Despite receiving the Nobel Prize in Economics in 2009, her body of work on institutions for collective action is often undercut by its unearned reputation as a direct rebuttal to Garrett Hardin’s controversial essay “The Tragedy of the Commons,” published in 1968. However, Ostrom's work stands alone. A clear-eyed review of political economics reveals the triumph of her indomitable conviction in her method over barriers created by gender- prejudice. 2 Introduction Political Economy is young academic field that features creative combinations of economics, political science, and ecology to solve humankind’s oldest resource problems.
    [Show full text]
  • An Introduction to Ostrom's Eight Principles for Sustainable
    An Introduction to Ostrom’s Eight Principles for Sustainable Governance of Common-Pool Resources as a Possible Framework for Sustainable Governance of Space T. Chow, Secure World Foundation, [email protected] B. Weeden, Secure World Foundation, [email protected] Abstract This paper outlines the “tragedy of the commons,” reviews Nobel Prize Winner1 Elinor Ostrom’s principles for sustainable governance of common-pool resources (CPR), and relates both to outer space. Ostrom’s principles were distilled from decades of studies on dozens of CPR situations. They capture the best practices of CPRs that have been used sustainably for decades or even centuries, thus avoiding the famous “tragedy of the commons” without relying on privatization or a “Leviathan” authority. When viewed in the context of space sustainability and governance, these principles highlight some long- standing challenges and emerging issues. Over the past few years, achieving the long-term sustainability of space activities has become a central goal for many, both at the national and international level. However, while more policymakers and stakeholders are recognizing the importance of space sustainability, none have spelled out an effective governance strategy, and accompanying policies, for accomplishing it. This paper concludes that Ostrom’s principles can potentially inform those ongoing policy initiatives and highlight specific areas on which to focus initial space sustainability efforts. Introduction Over the last few years, the goal of space sustainability has become increasingly important within the field of space policy. Although many have long recognized the importance of outer space for national and international security and global business, there is a growing realization that the ability to use space for its benefits on Earth is not guaranteed forever.
    [Show full text]
  • Downloaded from Brill.Com09/30/2021 02:33:15AM Via Free Access 130 Messner, Guarin, and Haun
    The Chinese Journal of Global Governance 2 (2016) 129–141 brill.com/cjgg Putting Behavior into International Cooperation Dirk Messner German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE), Tulpenfeld 6, 53113 Bonn, Germany [email protected] Alejandro Guarin German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE), Tulpenfeld 6, 53113 Bonn, Germany [email protected] Daniel Haun Department of Early Child Development and Culture, Leipzig University, Marschnerstr. 29, 04109 Leipzig, Germany [email protected] Abstract Cooperation among countries to deal with climate change and other global challenges seems almost impossible. However, recent research in the behavioral and evolutionary sciences suggests that people cooperate willingly and perhaps even naturally. Why the contradiction? In this paper we call for the need to think about international relations beyond the assumptions of rational choice and narrow self-interest. We suggest that seemingly intractable international challenges are not only the result of power strug- gles, but may also reflect the under-provisioning of the key enablers of cooperation— what we call the “cooperation hexagon”: reciprocity, trust, we-identity, enforcement, communication, reputation and fairness. Keywords reciprocity – trust – enforcement – communication – we-identity – reputation – fairness – evolution – international relations © Messner, Guarin, and Haun, 2�16 | doi 10.1163/23525207-12340018 This is an open access article distributed
    [Show full text]