Elinor Olstrom on #socialcapital

policemen Grande Place 311

(Policemen, Brussels Grande Place, 2011 – monitoring is costly)

Shared norms that reduce the cost of monitoring and sanctioning activities can be viewed as social capital to be utilized in solving CPR [common pool resource] problems. – Elinor Ostrom, Governing the Commons – the evolution of institutions for collective action, 1990

Published by

Paul Hodson

Head of Unit "EnergyEfficiency" at European Commission, Directorate-General for Energy

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