2011
DOI: 10.18352/bmgn-lchr.252
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Ostrom’s Law: Property rights in the commons

Abstract: Elinor Ostrom's work has immeasurably enhanced legal scholars' understanding of property. Although the richness of these contributions cannot be distilled into a single thesis, their flavor can be captured in a maxim I call Ostrom's Law: A resource arrangement that works in practice can work in theory. Ostrom's scholarship challenges the conventional wisdom by examining how people interact over resources on the ground -an approach that enables her to identify recurring institutional features associated with lo… Show more

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Cited by 21 publications
(21 citation statements)
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“…In the late 20th century, Nobel Prize laureate, Elinor Ostrom, sought to counteract the popularised idea that the collective use of natural resources necessarily led to their over exploitation (Ostrom 1990;Ostrom et al 1999). Using a definition of property that rested upon institutions and rights, her research team sought to uncover the institutional arrangements that were required for common property to be viable over time (Ostrom 1992;Fennell 2011). They distinguished 'common pool resources', subtractable resources not easily fenced or bound, from 'common property', the rights and institutional regimes that address problems of excludability and sharing of common pool resources.…”
Section: Property and The Commonsmentioning
confidence: 99%
“…In the late 20th century, Nobel Prize laureate, Elinor Ostrom, sought to counteract the popularised idea that the collective use of natural resources necessarily led to their over exploitation (Ostrom 1990;Ostrom et al 1999). Using a definition of property that rested upon institutions and rights, her research team sought to uncover the institutional arrangements that were required for common property to be viable over time (Ostrom 1992;Fennell 2011). They distinguished 'common pool resources', subtractable resources not easily fenced or bound, from 'common property', the rights and institutional regimes that address problems of excludability and sharing of common pool resources.…”
Section: Property and The Commonsmentioning
confidence: 99%
“…One of the most acclaimed approaches to understanding and designing property rights has been that of Elinor Ostrom who noted that small groups and communities throughout the world often defy the received wisdom that resources held in common property are inevitably fated to fall into the tragedy of the commons (OSTROM, 1990). Ostrom's 'Law' proposes that "a resource arrangement that works in practice can work in theory" (FENNELL, 2011). This insight started a large literature that collected numerous cases related to all sorts of assets and resources, showing that these groups are frequently able to self-organize governance structures, that is bundles of rights, which can lead to sustainable uses of the resources.…”
Section: Design Principles Of Robust Property Rights Institutionsmentioning
confidence: 99%
“…Based on her discovery that common resources, such as fisheries and grazing lands, are often managed successfully by the people who use them, the political scientist Elinor Ostrom (1990) developed theoretical underpinnings for institutional responses to common-pool resources. An adage that shows how her work challenged earlier beliefs about the "tragedy of the commons" is captured by the eponymous law, "A resource arrangement that works in practice can work in theory" (Fennell, 2011):…”
Section: Behavioral Development Economics In Historical Perspectivementioning
confidence: 99%