Eleanor Ostrom, Steven Cheung, the 5-1 Error

Given how I’ve complained about how bad economists are at naming their ideas, I should probably think twice about attempting to give a name to an idea myself. Still, I feel like tempting fate by badly naming an idea from the work of Elinor Ostrom, which I believe generalizes to even broader applications. The bad … Continue reading Eleanor Ostrom, Steven Cheung, the 5-1 Error