Ostrom Wins Nobel Prize in EconomicsIndiana University professor Elinor Ostrom has been awarded the Nobel Prize in Economic Sciences, an achievement that honors a lifetime of groundbreaking research, teaching, and scholarship.
She is the first woman to win the prize in economics, which has been awarded since 1969. She shares the award with Oliver Williamson, Edgar F. Kaiser Professor Emeritus of Business, Economics, and Law at the University of California, Berkeley.
Ostrom was recognized by the Royal Swedish Academy of Sciences for her analysis of economic governance, especially the commons.
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