Abstract

In this paper I provide a framework in which to formalize the seminal work of Elinor Ostrom on the study of public economies, a prominent theoretical construct aimed to provide answers to the following questions: (a) Why some societies are able to solve their collective action problems and others are not? and (b) Why societies choose the particular institutions they choose from a vast array of possible choices?

Disciplines

Economics

Number of Pages

33

Included in

Economics Commons

Share

COinS
 

URL: http://digitalcommons.calpoly.edu/econ_fac/31