@luis_in_brief @jyasskin just read and enjoyed the whole thread, a couple of points to add:

first, institutions in the Ostrom domain are not necessarily legal entities. Institutions can be understood as broadly as a pattern of social interaction that persists over time.

And i would rethink re conflict resolution mechanisms. I think that principle is key, especially if we interpret it in this context to be about trust, reputation, validation, verification, etc.