Nobel and the Tragedy of the Commons
admin October 20th, 2009
River basin management is one of the most important and difficult environmental issues that we face as a planet. Rivers are no respecters of borders and so management issues of rivers tend to ‘overflow’ county, regional and international borders.
Studying and understanding the ways that we manage common assets – rivers, the sea, the air around us – has been a large part of the life work of Elinor Ostrom who has just been awarded the Nobel Prize for Economics.
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