I'm a fan of Ostrom, but I'm not sure how well her principles will work on the blockchain. It's really hard to build a longlasting and strong community when people can't see themselves face to face. Most users stay more or less anonymous. When people are anonymous, it's probably better to rely more on economic incentives than Ostrom's principles.
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Perhaps using Ostrom's principles to inform economic incentives might help? You also made me think of Ernst Fehr work on 'Altruistic punishment' - where they tested economic principles to govern selfish behaviour - but using altruistic principles.
Hey bud. While they may or may not translate directly, it is valuable to give them the once over to see what might be able to fit. There isn't a foolproof blueprint for what is being done here and there needs to be give and take and adjustment.
We can see that economic incentives are not working as well as we would hope and I'm desperate to see Steemit succeed, so don't leave any rocks left unturned while looking for helpful solutions.
Another point came to my mind... Effective way of handling the tragedy of the commons with Ostrom's principles needs to have quite stable community. That is not the case with Steem. New users are coming in and some old users are leaving, so the community is under constant change. In a case like this, it's really hard to enforce the culture that is needed to counter the problems from tragedy of the commons.