Only woman to get Nobel Prize for economics dies

June 13, 2012 • Business

FILE – In an Oct. 12, 2009, file photo, Elinor Ostrom poses for a portrait in Bloomington, Indiana, after becoming the first woman to win a Nobel Prize in economics. A university spokesman said Ostrom died from cancer Tuesday, June 12, 2012, at a Bloomington hospital. She was 78. (AP Photo/AJ Mast, File)

INDIANAPOLIS (AP) — Elinor Ostrom, an Indiana University political scientist who is the only woman to have been awarded a Nobel Prize in economics, died Tuesday. She was 78.

Ostrom, who won a share of the 2009 prize for her research into how people overcome selfish interests to successfully manage natural resources, died of pancreatic cancer at IU Health Bloomington Hospital, said Michael McGinnis, a friend and colleague who was at her bedside when she died.

Ostrom’s husband, Vincent Ostrom, who is 93 years old and suffers from dementia, was brought to her room after she passed away, McGinnis said

“He was able to say goodbye to her and see that she was gone. I think he understood. It was very touching,” McGinnis said.

Ostrom, who along with her husband founded IU’s Workshop in Political Theory and Policy Analysis in 1973, remained Login to read more

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