"A resource arrangement that works in practice can work in theory." - Elinor Ostrom Good thing that old thought experiment isn't based on empirical evidence fr

"A resource arrangement that works in practice can work in theory." - Elinor Ostrom Good thing that old thought experiment isn't based on empirical evidence from the real world as the first woman to win a Nobel Prize in economics showed us [1]. In both cases, it's in all participants interest as the GP said but there are some further conditions that Ostram outlined. It turns out in the real world, those conditions are met more often than not and can clearly met in this case. 1. https://en.wikipedia.org/wiki/Elinor_Ostrom#Research https://en.wikipedia.org/wiki/Elinor_Ostrom#Research