THE HINDU, October 13, 2009
(Elinor Ostrom and Oliver Williamson Photo: AFP/GETTY )
One of the winners of the Nobel prize for economics this year, Elinor Olstrom, is a pioneer in the study of the economics of the ‘commons’ — common property resources which, by virtue of being available to everyone free of cost, tend to be over-exploited. More...
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