subject
English, 09.01.2020 04:31 john9727

Select the correct text in the passage.
a nobel prize winner’s novel idea
in 2009, indiana university professor elinor ostrom became the first woman to win the nobel prize in economics. ostrom received this international honor "for her analysis of economic governance, especially the commons." in her scholarly work, ostrom skillfully applied economic principles to show how people can share and preserve earth’s limited resources peacefully.

when people must share limited resources, such as water or farmland, it can be difficult for them to avoid conflict with one another. ostrom’s research showed how groups can work together to manage these resources through collective property rights. this economic principle refers to people owning land and other property as a group rather than as individuals.

until ostrom came along, the idea of the “tragedy of the commons” was widely accepted by scholars. according to this idea, people competing for resources will always put their own self-interests above the good of the community. ostrom demonstrated that when people share a common resource, the tragedy of the commons is not the only possible outcome, or even the most likely outcome. she showed that people can develop their own systems without outside regulation. she also affirmed that people can work on their own to build trust with each other in a way that is mutually beneficial. ostrom stated, “now i've seen in laboratory settings and the field settings that . . most individuals are nuanced beings [who] can have real preferences about the welfare of others. if presented a situation where they can evolve trust and reciprocity, they will do so.”

source: national institutes of health
which sentence best shows that ostrom caused a major shift in how economists approach a particular subject?

ansver
Answers: 3

Other questions on the subject: English

image
English, 21.06.2019 14:00, 10040816
Which sentence in this excerpt from the time machine suggest that the time travelled will later realize that his assumptions about future society are incorrect
Answers: 1
image
English, 21.06.2019 19:00, taufajane3887
What are all of the literally devices in the poem l’envoi by willa cather
Answers: 2
image
English, 21.06.2019 19:30, ashley4329
Read the excerpt below and answer the question. for a long time she held her neck erect; then her head sank, slowly. her ribs swelled with a mighty heave and she went over. as it is used in this excerpt from “the man who was almost a man,” the phrase “went over” most likely means died escaped jumped vomited
Answers: 1
image
English, 22.06.2019 01:00, zahradawkins2007
How does the mother defend her child to the old duck
Answers: 3
You know the right answer?
Select the correct text in the passage.
a nobel prize winner’s novel idea
in 2009, india...

Questions in other subjects: