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Development Economics
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Elinor Ostrom
» Elinor Ostrom - Practice Questions
Elinor Ostrom - Practice Questions
1. Economist Elinor Ostrom examined the problem of poorly defined property rights and subsequent “common pool resource” problems. In her work, she finds that
*
the problems can be solved by informal norms even when formal property rights are absent
these problems can be solved by small groups
both a. and b.