Governing The Commons by Elinor Ostrom
The Evolution of Institutions for Collective Action
This influential work explores the complexities of managing shared resources, challenging the conventional wisdom that common-pool resources are best governed by either privatization or government intervention. Through a series of case studies from around the world, it demonstrates how local communities have successfully managed common resources through collective action and self-governance. The book introduces a framework for analyzing the conditions under which communities can sustainably manage resources, emphasizing the importance of trust, communication, and adaptive governance structures. It highlights the potential for cooperative solutions to resource management, offering a nuanced perspective on the interplay between individual incentives and collective outcomes.
- Published
- 1990
- Nationality
- American
- Length
- Medium
- Pages
- 280-320
- Original Language
- English
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- Alternate Titles
- None
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