Economic experiments support Ostrom's polycentric approach to mitigating climate change.

ABSTRACT: The late Nobel laureate Elinor Ostrom envisioned a polycentric approach to mitigating climate change rather than a centralised solution. Debating about global efforts to solve climate-change problems has yet not led to an effective global treaty. Ostrom argued that instead of focusing only on global efforts, it is better to encourage polycentric efforts to reduce the risks associated with the emission of greenhouse gases. Many problems conceptualised as 'global problems' are the cumulative results of actions taken by individuals, families, small groups, private firms, and local, regional, and national governments. Ostrom and colleagues pointed to many examples of successfully managing a common good through interaction within a community. Energy-saving actions undertaken by individuals, fam

SUBMITTER: Milinski M 

PROVIDER: S-EPMC9735278 | biostudies-literature | 2022

REPOSITORIES: biostudies-literature