Elinor Ostrom awarded Nobel Price

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Here are the reasons given by the Nobel price committee for the award to Elinor Ostrom. For the general public and for who wants to know about the scientific background of the decision.

Telephone interview with Elinor Ostrom following her award.

National Academy of Science Profile of Dr Ostrom

Here you can find summary of Ostrom’s book Governing the Commons.

Here is a post from a colleague offering his congratulations.

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3 Responses to “Elinor Ostrom awarded Nobel Price”

  1. jeansykazadi Says:

    Dr Ostrom’s recognition as Nobel Prize deserves to be celebrated. This confirms that the neoliberal theory didn’t work, and brought the world to an economic disaster.

    I liked the simple way The Royal Swedish Academy of Sciences rather justifies the prize: “Many natural resources, such as fish stocks, pastures, woods, lakes, and groundwater basins are managed as common property. That is, many users have access to the resource in ques¬tion. If we want to halt the degradation of our natural environment and prevent a repetition of the many collapses of natural-resource stocks experienced in the past, we should learn from the successes and failures of common-property regimes. Ostrom’s work teaches us novel lessons about the deep mechanisms that sustain cooperation in human societies.”

  2. Mampa Diatezua Says:

    Elinor Ostrom Awarded Nobel Price, Oct.13, 2009 by Sustainability and the Commons.

    The 2009 Nobel Prize in Economics was awarded today to Elinor Ostrom and Oliver Williamson for their research on economic governance. Ostrom’s award is particularly exciting, for it cites her study of the commons. That sounds familiar!
    Ostrom’s pioneering work mostly concerns the governance of common-pool resources — resources that are rivalrous (i.e.,scarce, can be used up, unlike digital goods) yet need to be or should be governed as a commons – classically, things like water systems and the atmosphere. This work is cited by many scholars of non-rivalrous commons (e.g., knowledge commons) as laying the groundwork for their field.
    The fact that the Nobel panel of judges have very high regards for Ostrom’s dedicated works proves that economic analyses do help in the understanding of how most social outfits operate, “driving the studies on economic management from the fringe to the forefront of science.”
    It has been reported that Ostrom’s economic management researches have testified the non-existence of the “tragedy of the commons”.
    The so-called “tragedy of the commons” denotes the highly likely accelerated depletion of commonly owned resources, in particular natural resources, due to insatiable human greed.
    Some scholars have pointed out that the drastic changes in our climate in recent years is a typical instance of the “tragedy of the commons”, as evidenced by the sharp decline in marine harvests in North Sea as well as the depletion of oil in the Middle East.
    As a matter of fact, from the perspectives of non-existence of the “tragedy of the commons”, I have been able to draw the following conclusions: We must value the strategy of a more balanced overall development. In the past, due to the lack of overall development concept and plans, our developments have been concentrated in large cities while the well-being of rural residents was overlooked.

  3. diatezuam Says:

    I agre that a political Scientist, Ostrom’s work has focused on how natural resources such as forests, lakes and pastures can be managed as common properties. She has found that when local community members have access to, and control of, their resources, they often create and enforce rules that lead to successful and sustainable economic governance models. With these findings, she has been able to establish a framework for sound community management of natural resources-resting on good governance, rule making and sanctions and to dismantle an often conventional response to impose government regulations or privatise commonly owned resources.
    Ostrom shares the Nobel prise with Oliver E. Willioamson, a professor emeritus of business, economics and law at the University of California, at Berkley, who was recognised for his research on economic governance and busines firms. For nearly to decades, the Ford Foundation has supported Ostrom’s visionary research on land and water management conducted through indiana University, Tribhuvan University in Nepal, and the National Autonomous University of Mexico. Findings from programs such as the farmer-based irrigation system in Nepal would shape her future theories and attract the attention of the Nobel Committee.

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