Elinor Ostrom -- an American professor who developed ways to manage common property - is the first woman to win the Nobel prize for economics.
Elinor Ostrom -- an American professor who developed ways to manage common property - is the first woman to win the Nobel prize for economics.
The Royal Swedish Academy of Sciences awarded Ostrom half of the $1.4 million prize -- with the other half going to Oliver Williamson a retired professor at the University of California, recognized for his analysis of conflict resolution by firms and markets.
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Reuters
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