"[Elinor Ostrom] then developed a 'second-generation model of rationality' in which humans are 'complex, fallible learners who seek to do as well as they can given the constraints that they face and who are able to learn heuristics, norms, rules, and how to craft rules to improve achieved outcomes' (E. Ostrom 1998, p. 9). The … Continue reading Tragedy of the Commons After 50 Years & A New Model of the Rational Actor