Wednesday, June 13, 2012

Elinor Ostrom - Winner of Nobel Prize in Economics - died on Tuesday, 12 June 2012

Elinor Ostrom died on Tuesday, 12 June 2012.  I didn't know anything about this fascinating woman until I read about her death in the New York Times today.  I look forward to learning more about her work and her life.

Elinor Ostrom, Winner of Nobel in Economics, Dies at 78
by Catherine Rampell
Published: June 12, 2012

QUOTE:      (red bolding is mine)
Professor Ostrom’s prizewinning work examined how people collaborate and organize themselves to manage common resources like forests or fisheries, even when governments are not involved. The research overturned the conventional wisdom about the need for government regulation of public resources.

Remembering Elinor Ostrom    1933-2012

QUOTE:      (red bolding is mine)
Ostrom received the 2009 Nobel Prize in Economic Sciences for her groundbreaking research demonstrating that ordinary people are capable of creating rules and institutions that allow for the sustainable and equitable management of shared resources. She shared the prize with Oliver Williamson, a University of California economist.

The recipient of numerous international awards and honorary degrees, Ostrom was selected in April as one of the Time 100 for 2012, Time magazine’s annual list of the world’s 100 most influential people. In May, the IU Board of Trustees renamed the Workshop in Political Theory and Policy Analysis to honor Elinor Ostrom and her husband and colleague, Vincent Ostrom, who founded the center in 1973.

An Interview with Elinor Ostrom

Margaret Levi, Editor of the Annual Review of Political Science, talks with Elinor Ostrom. In this prefatory interview, Dr. Ostrom talks about her personal journey in academia, not only as a woman, but also as a non-traditional student who worked outside of academia before pursuing graduate work. She discusses her belief in collaboration and multi-disciplinary research, as well as her research in common-pool resources and governance.

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