Followers of this blog and the “economics of outsourcing” series know how much I admire Ronald Coase and the contributions he has made to economic thought regarding transaction costs, total costs, getting the math right and the emergence of modern outsource contracting. His groundbreaking work, stretching back to the 1930s, shed light on a new […]
Elinor Ostrom
Outsource Magazine — August, 2012
Elinor Ostrom: getting involved in your own governance This month’s column pays a tribute to Elinor Ostrom, who shared the Nobel Prize award in economic science in 2009 with Oliver Williamson. Ostrom, who died at age 78 on June 12, was cited by the Nobel Committee for “her analysis of economic governance, especially the commons,” […]
