Institutions and the environment Cover Image

Instytucje i środowisko z wprowadzeniem Boba Jessopa
Institutions and the environment

Author(s): Elinor Ostrom
Subject(s): Economy
Published by: Uniwersytet Ekonomiczny w Krakowie we współpracy z Wydawnictwem Naukowym Scholar
Keywords: common-pool resources; institutional rules; adaptation; exploitation; communities

Summary/Abstract: In her article, Elinor Ostrom offers a critical account of a number of empirical studies, game-theoretic analyses and her own experiments in institutional design as applicable to the issue of overexploitation of common-pool resources. She argues that, given people’s ability to communicate, experiment and modify institutional rules, they can develop various – not necessarily market-based – solutions with a view to achieving sustainable management of such resources to which the concept of the tragedy of the commons supposedly applies.

  • Issue Year: 2012
  • Issue No: 20
  • Page Range: 83-99
  • Page Count: 17
  • Language: Polish