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Fall 2020

ISSN 0890-913X

Volume 35, Number 3

Elinor Ostrom Speaks about Property Rights

Elinor Ostrom, Indiana University

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TheJournalofPrivateEnterprise35(3),2020,7–12ElinorOstromSpeaksaboutPropertyRights∗ElinorOstromIndianaUniversity___________________________________________________AbstractIna2011speech,ElinorOstromdescribeshow,inthe1960s,producersofgroundwaterfromabasinbelowLosAngelesdeterminedhowtoallocatewaterrightsandhowtostopoverpumpingandsaltwaterintrusion.AprivategroupcalledtheWestBasinWaterAssociationrecognizedtheproblemsandworkedwiththeUnitedStatesGeologicalSurveytoproduceastudyshowingthegroundwaterbasin’sboundaries.Theythenusedequityjurisprudencetodeterminehowmuchwaterdifferententitieshadbeenpumpingfromthebasin.Withacommitteeofattorneysandengineersandthehelpofastatecourt,theydevelopedtheideaofmutualprescriptionandestablishedprivatepropertyrightstotheflowsfromthegroundwaterbasin.Theyalsobuiltaseriesofwellsalongthecoasttopumpfreshwater.Additionally,theassociationcreatedaspecialdistrictthatimposedataxtofundthegroundwaterbasin’sreplenishment.___________________________________________________JELCodes:H4,K11,N52,P14,Q25Keywords:ElinorOstrom,commonproperty,propertyrights,groundwaterrights,California,equityjurisprudence,publicentrepreneurshipInsomecases,peoplehaveassumedthatwhatI’veonlystudiediscommonproperty,andIthinkit’sveryimportantthatwerecognizethattherearemanyinstitutionsthatwecallcommonpropertythatarerealpropertyinstitutions,andweignoredthemforaverylongtime,anddestroyedmany,becausewehadignoredthemand∗OnApril10,2011,NobellaureateElinorOstromspokeattheSheratonhotelinNassau,Bahamas,aftertheAssociationofPrivateEnterpriseEducationhonoredheratitsannualmeeting.Thefollowingtranscript,lightlyeditedandannotatedforclarity,containsherremarksaboutherPhDdissertation.AsacandidateattheUniversityofCalifornia,Berkeley,OstromstudiedhowstakeholdersmanagedthepropertyrightstoagroundwaterbasininLosAngelesinthe1960s.ThisworkinformedherlifelongstudiesofpropertyrightsthatledtoherreceiptoftheSverigesRiksbankPrizeinEconomicSciencesinMemoryofAlfredNobelin2009.

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Metadata [hide]

Title	Elinor Ostrom Speaks about Property Rights
Authors/Creators:	Elinor Ostrom, Indiana University
Year:	2020
Volume:	35
Number:	3
Pages:	7 - 12
Publisher:	The Association of Private Enterprise Education
ISSN:	0890-913X
Document Type:	Articles
Keywords:	Elinor Ostrom, common property, property rights, groundwater rights, California, equity jurisprudence, public entrepreneurship

Citation:
Ostrom, Elinor / 2020. "Elinor Ostrom Speaks about Property Rights." The Journal of Private Enterprise, 35(3): 7-12.