Tag Archives: ostrom

Trust research and Nobel prize

Elinor Ostrom got the Nobel prize for Economics!
I think I read some of her insights about trust and reciprocity! Check her book “Trust and reciprocity: interdisciplinary lessons from experimental research”!
She is also the first woman to win the Nobel prize in Economics!

From her wikipedia page:
Ostrom is considered one of the leading scholars in the study of common pool resources. In particular, Ostrom’s work emphasizes how humans and ecosystems interact to provide for long run sustainable resource yields. Forests, fisheries, oil fields, grazing lands, and irrigation systems, among others, all exhibit the characteristics of common pool resources and Ostrom’s work has highlighted how humans have created diverse institutional arrangements over natural resources for thousands of years that have prevented ecosystem collapse. Yet, Ostrom is quick to point out that, while successes are abundant, humans are also responsible for countless ecosystem collapses. Her current work emphasizes the multifaceted nature of human-ecosystem interaction and argues against any singular “panacea” attempt to solve individual social-ecological system problems.