The Ostrom's approach is well-known for aiming not so much at grand theory building but rather at specific problems of collective action, governance, and social dilemmas. Making the practical and applied dimension the starting point as well as the filter of our interest reveals a different configuration of concepts marking and linking the practice-to-theory continuum.
Peter Boettke is a University Professor of Economics and Philosophy at George Mason University, the BB&T Professor for the Study of Capitalism, and the Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at GMU.
Christopher Coyne is Associate Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics and Economics. He also holds the title of F.A. Harper Professor of Economics at the Mercatus Center and he is a member of the department of economics at George Mason University where he serves as the Director of Graduate Studies.