The concept of designing institutions for collective action often refers to creating governance structures that enable groups to effectively manage shared resources, avoid overuse or depletion (the « tragedy of the commons »), and promote cooperation. This field draws heavily from the work of economist Elinor Ostrom, who won the Nobel Prize in Economics in 2009 for […]
Chris lived in a narrow brick house on the edge of a town that prided itself on its Christmas lights. Every December the streets turned into neon rivers. Blow-mold Santas glowed on every lawn, icicle lights dripped from every eave, and the local power company sent thank-you cards for the overtime.Chris hated it.Not Christmas itself—he […]
