Elinor Ostrom: An Intellectual Biography

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Elinor Ostrom used to be the first woman to win the Nobel Prize in economics. She has been at the vanguard of New Institutional Economics and Public Choice revolutions, discovering surprising ways in which communities world wide have succeed in solving difficult collective problems. She first rose to prominence by studying the police in metropolitan areas in america, and showing that, contrary to the prevailing view at the time, community policing and smaller departments worked better than centralized and large police departments. Along side her husband, Vincent, they’ve set up the Bloomington Workshop in Political Theory and Policy Analysis, which has grown into a global network of scholars and practitioners. Right through her career, she used to be interested in studying ecological problems, and understanding how people manage communal properties. Her most famous discovery is that communities steadily find ingenious ways of escaping the “tragedy of the commons”. Analysing a wide-variety of successes and failures, and working Along side many other scholars, she used to be ready to uncover a series of institutional “design principles”: a set of criteria which, if followed, societies are much more likely to be productive and resilient to shocks. Some of her most important theoretical insights, about polycentricity and institutional evolution, arose from this synthesizing effort. Furthermore, this led her to develop a framework for the study of the relationship between societies and their natural environment which brought institutional insights into the field of environmental studies.

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