Polycentricity, Self-Governance, and the Art & Science of Association
25 Pages Posted: 15 May 2014 Last revised: 21 Sep 2016
Date Written: May 13, 2014
When considered as a unified project, the Ostroms’ themes of polycentricity, self-governance, and the art and science of association have strong intellectual roots and connections with Austrian economics. In this paper, we show the close relationship between the Ostroms and the Austrians. We then describe how contemporary Austrian economists can be inspired and can further the work of the Ostroms in the areas of civil societies and self-governing communities, the use of fieldwork and case studies, and public economies and coproduction. Although there are perceived tensions between the Ostroms and the Austrians, we contend that these can be reconciled and pursued as fruitful areas of research.
Keywords: Vincent and Elinor Ostrom, polycentricity, Austrian economics, institutions, self-governance
JEL Classification: H0, H40, H77, O17
Suggested Citation: Suggested Citation