Governing the Commons: Eight Ways to Avoid the Tragedy of the Commons

One great thing that Elinor Ostrom did in her book Governing the Commons: The evolution of institutions for collective action was to lay out design principles for long-enduring institutions that manage community pooled resources (CPR) and avoid the “tragedy of the commons“. (CPRs can be many things. Ostrom’s draws her main examples from forestry, fisheries,...Continue reading

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