Monday, November 28, 2011

Fennell on Ostrom's Law: Property Rights in the Commons

Lee Anne Fennell (Chicago) has posted Ostrom's Law: Property Rights in the Commons, in the International Journal of the Commons, Vol. 5, No. 1, p. 9 (2011).  The abstract:

In this symposium essay, I trace some of the ways that Elinor Ostrom’s focus on situated examples has advanced interdisciplinary dialogue about property as a legal institution and as a human invention for solving practical problems. Although the richness of these contributions cannot be distilled into a single thesis, their flavor can be captured in a maxim I call Ostrom’s Law: A resource arrangement that works in practice can work in theory. I begin by highlighting the attention to detail that characterizes Ostrom’s methodology. I then examine how Ostrom’s scholarship yields insights for, and employs insights from, property theory. Next, I consider the question of scale, an important focal point of Ostrom’s work, and one that carries profound implications for law. I conclude with some observations about interdisciplinarity as it relates to research on the commons.

Matt Festa

Property Rights, Property Theory, Scholarship | Permalink

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