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Choice, Rules and Collective Action - The Ostroms on the Study of Institutions and Governance (Paperback)
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Choice, Rules and Collective Action - The Ostroms on the Study of Institutions and Governance (Paperback)
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This volume brings a set of key works by Elinor Ostrom,
co-recipient of the Nobel Prize in Economic Sciences, together with
those of Vincent Ostrom, one of the originators of Public Choice
political economy. The two scholars introduce and expound their
approaches and analytical perspectives on the study of institutions
and governance. The book puts together works representing the main
analytical and conceptual vehicles articulated by the Ostroms to
create the Bloomington School of public choice and institutional
theory. Their endeavours sought to 're-establish the priority of
theory over data collection and analysis', and to better integrate
theory and practice. These efforts are illustrated via selected
texts, organised around three themes: the political economy and
public choice roots of their work in creating a distinct branch of
political economy; the evolutionary nature of their work that led
them to go beyond mainstream public choice, thereby enriching the
public choice tradition itself; and, finally, the foundational and
epistemological dimensions and implications of their work.
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