Elinor Ostrom, American, becomes the first woman ever to win the Nobel Prize for Economics;
Posted by
Loyola
Oct 12 '09, 09:38
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"Elinor Ostrom defied conventional wisdom with studies that showed that user-managed properties -- such as community fish stocks or woodland areas -- more often than not were better run than standard theories predicted.
The previously accepted view was that common property was poorly managed and should be either regulated centrally or privatized."
She's 76.
Very well done.
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