American political economist whose work was associated with the New Institutional Economics and the resurgence of political economy. In 2009, she shared the Nobel Memorial Prize in Economic Sciences with Oliver E. Williamson for "her analysis of economic governance, especially the commons". To date, she remains the only woman to win The Prize in Economics. After graduating with a B.A. and Ph.D. from UCLA, Ostrom lived in Bloomington, Indiana, and served on the faculty of Indiana University, with a late-career affiliation with Arizona State University. She was Distinguished Professor at Indiana University and the Arthur F. Bentley Professor of Political Science and co-director of the Workshop in Political Theory and Policy Analysis at Indiana University, as well as research professor and the founding director of the Center for the Study of Institutional Diversity at Arizona State University in Tempe. She was a lead researcher for the Sustainable Agriculture and Natural Resource Management Collaborative Research Support Program (SANREM CRSP), managed by Virginia Tech and funded by USAID. Beginning in 2008, she and her husband Vincent Ostrom advised the journal Transnational Corporations Review. She died 12 June 2012. Link to Wikipedia biography Read less
Born: August 7, 1933, Los Angeles, United States
Elinor Ostrom was a renowned American political economist whose work focused on the governance of common resources. She was the first woman to win the Nobel Memorial Prize in Economic Sciences, which she received in 2009 for her analysis of economic governance, especially the commons.
Although Elinor Ostrom passed away in 2012, her legacy continues to influence various projects and research initiatives. Her work has inspired numerous studies on sustainable management of common resources, such as fisheries, forests, and water systems. Institutions and scholars continue to build on her frameworks to address global challenges related to resource management and governance.
Elinor Ostrom's work remains highly relevant in contemporary discussions on climate change and resource management. Her ideas are frequently cited in articles and conferences addressing sustainable development and environmental policies. Recent academic gatherings have seen panels dedicated to extending Ostrom's principles to modern environmental challenges.
Elinor Ostrom does not have a personal social media presence due to her passing in 2012. However, her work and legacy are actively discussed in academic circles and social media platforms by scholars, environmentalists, and economists. Hashtags such as #OstromLegacy and #CommonsTheory are often used to engage in discussions about her contributions.
Ostrom's frameworks for managing common-pool resources have been instrumental in shaping policies and research worldwide. Her insights into cooperative resource management continue to inform studies on collective action and policy-making. Her interdisciplinary approach bridges economics, political science, and environmental studies, making her work a cornerstone in these fields.