scholarly journals New lamps for old?

Focaal ◽  
2010 ◽  
Vol 2010 (57) ◽  
pp. 97-103
Author(s):  
Keith Hart
Keyword(s):  
Nobel Prize ◽  
Common Property ◽  
Institutional Economics ◽  
New Institutional Economics ◽  
Public Institutions ◽  
Political Scientist ◽  
Economic Governance ◽  
Private And Public ◽  
Common Property Regimes ◽  
Property Regimes

The Editors of Focaal asked me to comment on the recent award of a so-called Nobel Prize in economic sciences to Oliver Williamson, a founder of New Institutional Economics (NIE), and Elinor Ostrom, a political scientist who is best known for her work on “common property regimes” and “public entrepreneurs.” The committee of the Bank of Sweden commended the two of them for their work on “economic governance,” which has reshaped how economists think about the nature of the firm and the boundaries between private and public institutions.

scholarly journals The Economics of Common Pool Resources

2021 ◽  
Vol 4 (1) ◽  
Author(s):  
Bhim Adhikari
Keyword(s):  
Common Property ◽  
Institutional Economics ◽  
Empirical Work ◽  
Common Pool Resources ◽  
New Institutional Economics ◽  
Common Property Resource ◽  
Common Pool ◽  
Local Commons ◽  
Property Regimes

The paper analyses open access and common property resource systems drawing insights from new institutional economics, especially property rights theory and policy analysis. This analysis of common pool resources (CPRs) under common property regimes indicates that local communities devise formal and informal institutions in managing the local commons. The paper further discusses how N. S. Jodha’s empirical work on the economics of CPRs has enhanced our understanding of the role of CPRs in the livelihood strategies of the poor in the developing world. Devolution of authority to local resource users is emphasized as an institutional imperative in designing appropriate forms of governance structures for CPR management.

scholarly journals «Migros-Wald» oder Märchenwald? (Essay)

2016 ◽  
Vol 167 (4) ◽  
pp. 200-204 ◽  
Author(s):  
Oliver Thees
Keyword(s):  
Ecosystem Services ◽  
Private Sector ◽  
Public Goods ◽  
Information Technologies ◽  
Institutional Economics ◽  
New Institutional Economics ◽  
The Public ◽  
Private And Public ◽  
Points Of View ◽  
Forest Enterprises

Fairytale forests must face reality (essay) Swiss forest enterprises are finding it increasingly difficult to fulfill the demands on the forest economically. The problem is complex. To address it, we analyzed this situation from the points of view of production, industrial and new institutional economics. Swiss forest enterprises are multi-product firms. They are usually publicly owned and aim to provide crucial ecosystem services for the economy in the form of private and public goods that are mostly closely connected with the production of wood. Providing these goods can be made more efficient, especially by adopting organizational measures involving cooperation and information technologies. Another more difficult but necessary measure is to ensure the required public goods are paid for. No incentives, market-like structures or tools for this have yet been introduced. This paper is a plea for providing public goods under private-sector conditions, changing management structures accordingly, even reducing the demands on the forest and developing market-based mechanisms for paying for the public goods.

scholarly journals From Private to Common: Coevolution of Land-Use Practices and Property Rights

2021 ◽  
pp. 215-237
Author(s):  
Jesper Larsson ◽  
Eva-Lotta Päiviö Sjaunja
Keyword(s):  
Land Use ◽  
Property Rights ◽  
Boreal Forest ◽  
Common Property ◽  
Bottom Up ◽  
Tenure System ◽  
Common Property Regimes ◽  
Property Regimes ◽  
Property Regime ◽  
Land Use Practices

AbstractIn the concluding chapter, we synthesize the results and discuss how changing land-use regimes among Sami in interior northwest Fennoscandia interrelated with the development of property rights between 1550 and 1780. During this period, a new tenure system, reindeer pastoralism, developed. For households that had amassed large reindeer herds, it became crucial to access both large pastures in the mountains and in the boreal forest to have enough grazing. This led to the establishment of common-property regimes in both the mountains and the boreal forest, where grazing became a CPR. The emergence of this kind of common-property regime is best described as a bottom-up process as it assumes that local users design and implement institutions for common use that all or most users adhere to.

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