[[File:Group Photo (4171912803).jpg|left|thumb|Elinor Ostrom with the other 2009 Nobel laureates]]
The Royal Swedish Academy of Sciences said Ostrom's "research brought this topic from the fringe to the forefront of scientific attention...by showing how common resources—forests, [[fisheries]], [[oil fields]] or [[Grazing|grazing land]]s—can be managed successfully by the people who use them rather than by governments or private companies". Ostrom's work in this regard challenged [[conventional wisdom]], showing that common resources can be successfully managed without [[government regulation]] or [[privatization]].<ref name="NYTObit">{{cite news |last=Rampell |first=Catherine |title=Elinor Ostrom, Winner of Nobel in Economics, Dies at 78 |newspaper=New York Times |date=13 June 2012 |url=https://www.nytimes.com/2012/06/13/business/elinor-ostrom-winner-of-nobel-in-economics-dies-at-78.html |access-date=15 April 2015}}</ref>
[[File:Group Photo (4171912803).jpg|left|thumb|Elinor Ostrom with the other 2009 Nobel laureates]]
The Royal Swedish Academy of Sciences said Ostrom's "research brought this topic from the fringe to the forefront of scientific attention...by showing how common resources—forests, [[fisheries]], [[oil fields]] or [[Grazing|grazing land]]s—can be managed successfully by the people who use them rather than by governments or private companies". Ostrom's work in this regard challenged [[conventional wisdom]], showing that common resources can be successfully managed without [[government regulation]] or [[privatization]].<ref name="NYTObit">{{cite news |last=Rampell |first=Catherine |title=Elinor Ostrom, Winner of Nobel in Economics, Dies at 78 |newspaper=New York Times |date=13 June 2012 |url=https://www.nytimes.com/2012/06/13/business/elinor-ostrom-winner-of-nobel-in-economics-dies-at-78.html |access-date=15 April 2015}}</ref>