Elinor Ostrom, an American political economist and distinguished professor at Indiana University, is the 2009 Nobel Prize winner in Economic Sciences, which she shared with Oliver E. Williamson, for "her analysis of economic governance, especially the commons." To date, she is the first woman to win the prize in this category. Her work is associated with the new institutional economics and the resurgence of political economy.
Ostrom is the Arthur F. Bentley Professor of Political Science and Senior Research Director of the Workshop in Political Theory and Policy Analysis at IU in Bloomington. She also is founding director of the Center for the Study of Institutional Diversity at Arizona State University in Tempe.
She is a member of the American Academy of Arts and Sciences, the National Academy of Sciences, and the American Philosophical Society.