Winner: 

Daniel H. Cole, Graham Epstein and Michael McGinnis (2014), “Digging Deeper into Hardin’s Pasture: The Complex Institutional Structure of the ‘Tragedy of the Commons’", JOIE 10(3): 353-369.

The award was made at the Second WINIR Conference in Rio de Janeiro, Brazil.

2015 Ostrom Prize Committee: Bruno Amable, Christopher Coyne, David Dequech, Thráinn Eggertsson, William Milberg, Ugo Pagano and Malcolm Rutherford.

The following papers were shortlisted:

• The following papers were shortlisted:
  
  • John Buchanan, Dominic Chai and Simon Deakin, “Empirical analysis of legal institutions and institutional change: multiple-methods approaches and their application to corporate governance research” – JOIE Issue 10(1) March 2014.
  • Xavier Hollandts and Virgile Chassignon, “Who are the owners of the firm: shareholders, employees or no-one?” – JOIE Issue 10(1), March 2014.
  • Juha Hiedanpää and Daniel W. Bromley, “Payments for environmental services: Durable habits, dubious nudges, doubtful efficacy” – JOIE Issue 10(2), June 2014.
  • Daniel H. Cole, Graham Epstein and Michael McGinnis, “Digging Deeper into Hardin’s Pasture: The Complex Institutional Structure of the ‘Tragedy of the Commons’” – JOIE Issue 10(3), September 2014.
  • Valentin Seidler, “When do institutional transfers work? The relation between institutions, culture and the transplant effect: the case of Bornu in north-eastern Nigeria.” – JOIE Issue 10(3), September 2014.