- Governance of commons - people’s cooperation and institutional evolution
- Elinor ostrom.
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This immortal work challenged the conventional wisdom that the only stable management of resources (commons) shared by people is either government intervention or privatization, and was the first to focus on “self-governance by people.
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2009 Nobel Prize in Economics
- Amazon
The eight conditions are found in Chapter 3, “Institutional Analogies for Sustainable, Self-Governing Co-Governed Resources” (p. 104~).
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