Ideas tagged with institutions
Online communities are high-throughput laboratories for governance change and innovation. Elinor Ostrom's idea of institutional diversity, that sustainable resource governance requires a diversity of governance forms and approaches, is well represented by the diversity and complexity of online r...
By Seth Frey, Nicholas Vincent, Nathan Schneider, Amy Zhang, Joshua Tan, Shauna Gordon-McKeon
I present a simple index to gauge the relative valuation of labor over capital in a country (LoCI). This index should correlate positively with the wealth and HDI of the country, and negatively with the precariousness of life of basic service providers at the bottom of the pyramid in that countr...
As a self-governing institution grows, it becomes a target for elite capture. Sortition, or governance by lottery, is a mechanism displacing elites and for preserving democratic rule. A large legislature with randomly appointed representatives, or a small board with oversight over that legislatu...
By Seth Frey
For better or worse, a large part of the politicians sitting in national/regional parliaments or similar positions of power are trained law professionals. As lawmakers, they have the unique opportunity to influence the amount of available work for their own profession (particularly if they don't...