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Building a better micro-foundation for institutional analysis

Published online by Cambridge University Press:  22 December 2005

Elinor Ostrom
Elinor Ostrom*
Affiliation:
Workshop in Political Theory and Policy Analysis, Indiana University, Bloomington, IN 47408 http://www.indiana.edu/~workshop
*
Ostrom@indiana.edu
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Abstract

The target article summarizes important research demonstrating that the canonical model of selfish, economic man is not empirically supported outside competitive settings, and that experimental research conducted in university settings should not be discounted because undergraduates were the subjects. Assuming that individuals are capable of reciprocity and trust provides a firmer foundation for the study of institutions, incentives, and outcomes.

Information

Type
Open Peer Commentary
Information
Behavioral and Brain Sciences , Volume 28 , Issue 6 , December 2005 , pp. 831 - 832
Copyright
Copyright © Cambridge University Press 2005

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