Browsing by Author "Tarko, Vlad"
Now showing 1 - 1 of 1
Results Per Page
Sort Options
Item Polycentric Governance: A Theoretical and Empirical Exploration(2015) Tarko, Vlad; Tarko, Vlad; Boettke, Peter J.The dissertation overviews and elaborates the concept of polycentricity, and applies it to two cases. Spontaneous order plays an important role in many non-market systems. But not all spontaneous orders are productive or sustainable. The concept of polycentricity aims to describe the productive subset of spontaneous orders, including both markets and non-market forms of organization. Broadly speaking, a polycentric system of governance is a collection of heterogeneous decision centers acting independently, but under a common system of rules and/or norms limiting negative externalities and free riding. The role of the overarching set of rules or norms is to assure that the spontaneous order is indeed productive and sustainable.