The Sustainable Economics of Elinor Ostrom: Commons, contestation and craft (Routledge Studies in Ecological Economics)

Elinor Ostrom’s Nobel Prize-winning work on common pool property rights has implications for some of the most pressing sustainability issues of the twenty-first century - from tackling climate change to maintaining cyberspace.In this book, Derek Wall critically examines Ostrom’s work, while also exploring the following questions: is it possible to combine insights rooted in methodological individualism with a theory that stresses collectivist solutions?Is Ostrom’s emphasis on largely local solutions to climate change relevant to a crisis propelled by global factors?This volume situates her ideas in terms of the constitutional analysis of her partner Vincent Ostrom and wider institutional economics.It outlines her key concerns, including a radical research methodology, commitment to indigenous people and the concept of social-ecological systems.Ostrom is recognised for producing a body of work which demonstrates how people can construct rules that allow them to exploit the environment i