Thursday, April 1, 2010

Social Capital in 한국 어촌계 (eochongye) Korean Fishery Cooperatives

This article by Choi Jong-Ryul talks about social capital and how it functions in Korean eochongye to help manage a common pool resource. Following on the work of Ostrom, Choi details how conflicts including free-rider and tragedy of the commons issues are resolved through a system of normative reciprocity within the eochongye. The ungated, condensed, English translation of his original article(which was published in the 한국 사회학) can be found here.

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