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Elinor Ostrom and the Theory of Governing the Commons Explained
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How can we solve the Tragedy of the Commons? Elinor Ostrom has an answer!
This is an educational video about the commons scholarship pioneered by Elinor Ostrom, which provided a challenging alternative to Hardin's theory of the Tragedy of the Commons. "Commons" is a term used in resource economics to describe types of goods that can be accessed by anyone but their use by one party limits their availability to others. Examples of common-pool resources include pasture lands, freshwater, fisheries, forests, etc.
Through her research with different communities across the world, Elinor Ostrom showed that it is possible for local communities to sustainably manage their common resources without any external intervention like state control or privatization.
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This is an educational video about the commons scholarship pioneered by Elinor Ostrom, which provided a challenging alternative to Hardin's theory of the Tragedy of the Commons. "Commons" is a term used in resource economics to describe types of goods that can be accessed by anyone but their use by one party limits their availability to others. Examples of common-pool resources include pasture lands, freshwater, fisheries, forests, etc.
Through her research with different communities across the world, Elinor Ostrom showed that it is possible for local communities to sustainably manage their common resources without any external intervention like state control or privatization.
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