Review: Governing the Commons: The Evolution of Institutions for Collective Action (Political Economy of Institutions and Decisions)

6 Star Top 10%, Best Practices in Management, Capitalism (Good & Bad), Civil Affairs, Civil Society, Complexity & Resilience, Consciousness & Social IQ, Economics, Education (General), Environment (Solutions), Information Society, Intelligence (Public), Intelligence (Wealth of Networks), Politics, Power (Pathologies & Utilization), Survival & Sustainment, Values, Ethics, Sustainable Evolution, Voices Lost (Indigenous, Gender, Poor, Marginalized)
Amazon Page
Amazon Page

Elinor Ostrom

5.0 out of 5 stars 6 Star Collective Common Sense Relevant to CYBER-Commons Not Just Earth Commons, May 27, 2014

I read this book shortly after I had read Stop, Thief!: The Commons, Enclosures, and Resistance (Spectre) and my first impression is that the book should be re-issued in 2015, a quarter-century after it was first published, with additional material on how everything here is applicable to governing the cyber-commons. I have to recommend the two books together — STOP THIEF lays down with deep historical and multi-cultural foundation that gives GOVERNING THE COMMONS even more credibility — and for those that do not realize, this book earned the author a Nobel Prize in Economics.

On that note, I would point out that this book crushes the traditional explanations for why the state or the firm are superior decision-making alternatives to bottom-up citizen common sense. This book is also consistent with the LOSING proposal to the Club of Rome that recommended we focus on educating the global public (a universal bottom-up approach). As well now know, the Club of Rome chose the wrong solution, Limits to Growth: The 30-Year Update, because is assumed that top-down mandated measures were the only measures that could be effective.

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Review (Guest): Governing the Commons – The Evolution of Institutions for Collective Action

5 Star, Best Practices in Management, Civil Society, Complexity & Resilience, Consciousness & Social IQ, Culture, Research, Decision-Making & Decision-Support, Democracy, Economics, Environment (Solutions), History, Intelligence (Collective & Quantum), Intelligence (Public), Intelligence (Wealth of Networks), Nature, Diet, Memetics, Design, Survival & Sustainment, Values, Ethics, Sustainable Evolution, Voices Lost (Indigenous, Gender, Poor, Marginalized)
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Amazon Page

Elinor Ostrom

4.0 out of 5 stars Addressing the Collective Action Problem August 2, 2007

By Matthew P. Arsenault

Ostrom attempts to refute the belief that only through state and or market-centered controls can commonly pooled resources (CPRs) be effectively governed. Ostrom writes, “Communities of individuals have relied on institutions resembling neither the state nor the market to govern some resource systems with reasonable degrees of success over long periods of time” (p. 1). Governing the Commons sets out to discover why some groups are able to effectively govern and manage CPRs and other groups fail. She tries to identify both the internal and external factors “that can impede or enhance the capabilities of individuals to use and govern CPRs.”

The first section of the book examines both state-controlled and privatization property rights regimes, and illustrates failures in both regimes; namely, that central authorities often fail to have complete accuracy of information, have only limited monitoring capabilities, and possess a weak sanctioning reliability. As such, a centralized governing body may actually govern the commons inaccurately and make a bad situation worse. In the case of privatized property rights regimes, Ostrom illustrates two main points: 1) it assumes that property is homogenous and any division of property will be equitable; and 2) privatization will not work with non-stationary property (fisheries, for example).

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Review (Guest): Working Together – Collective Action, the Commons, and Multiple Methods in Practice

5 Star, Best Practices in Management, Civil Society, Complexity & Resilience, Decision-Making & Decision-Support, Economics, Environment (Solutions), History, Intelligence (Collective & Quantum), Intelligence (Public), Intelligence (Wealth of Networks), Nature, Diet, Memetics, Design, Survival & Sustainment, Values, Ethics, Sustainable Evolution, Voices Lost (Indigenous, Gender, Poor, Marginalized)
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Amazon Page

Elinor Ostrom, Army R. Poteete, and Maroc A. Janssen

5.0 of 5.0 Stars An inspiration for Transdisciplinary Researchers By Herbert Gintis on June 7, 2010

This book, which is based on the several decades of research by Nobel award winning political scientist Elinor Ostrom and her talented colleages, vigorously asserts two messages with equal fervor. The first is that “it is possible for individuals to act collectively to manage shared natural resources on a sustainable basis.” (215) The second message is that the existing structure of academic disciplines in the system of higher learning deeply handicaps researchers from attaining true insights of this type. The possibility of people managing their own common pool resources through democratic and egalitarian participation was determined through research “based on field studies, laboratory and field experiments, game theory, and agent-based models,” and no discipline recognizes the legitimacy of models that span such a broad range of statistical, qualitative thick description, formal analytical and computer simulation methods.

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Journal: Nobel Prize for Economics for Work on Collective Governance of Common Resources

11 Society, Civil Society, Collective Intelligence, Commercial Intelligence, Ethics
Elinor Ostrom
Elinor Ostrom
Original Story Online
Original Story Online

STOCKHOLM – Americans Elinor Ostrom and Oliver Williamson won the Nobel economics prize on Monday for their work in economic governance.

Ostrom was the first woman to win the prize since it was founded in 1968, and the fifth woman to win a Nobel award this year — a Nobel record.

The Royal Swedish Academy of Sciences cited Ostrom “for her analysis of economic governance,” saying her work had demonstrated how common property can be successfully managed by groups using it.

Williamson, the academy said, developed a theory where business firms serve as structures for conflict resolution.

“Over the last three decades, these seminal contributions have advanced economic governance research from the fringe to the forefront of scientific attention,” the academy said.

The economics prize was the last Nobel award to be announced this year. It's not one of the original Nobel Prizes, but was created by the Swedish central bank in Alfred Nobel's memory.

Phi Beta Iota: The Nobel gang got this one right.  What the media is not stating with enough emphasis is that she is a pioneer in collective governance of common resources.   Below are direct links to some of her notable works.

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