Oliver E. Williamson

Research topics

• Corporate Finance and Governance · 2 papers
• Economic Theory and Institutions · 2 papers
• Law, Economics, and Judicial Systems · 2 papers
• Business Strategy and Innovation · 1 paper
• Accounting and Organizational Management · 1 paper
• Economic theories and models · 1 paper

Papers

1. Comparative Economic Organization: The Analysis of Discrete Structural AlternativesAdministrative Science Quarterly · 1991 · 7,237 citations

   Oliver E. Williamson University of California, Berkeley This paper combines institutional economics with aspects of contract law and organization theory to identify and explicate the key differences that distinguish three generic forms of economic organization-market, hybrid, and hierarchy. The analysis…

2. The Economics of Organization: The Transaction Cost ApproachAmerican Journal of Sociology · 1981 · 6,482 citations

   The transaction cost approach to the study of economic organization regards the transaction as the basic unit of analysis and holds that an understanding of transaction cost economizing is central to the study of organizations. Applications of this approach require…

3. The New Institutional Economics: Taking Stock, Looking AheadJournal of Economic Literature · 2000 · 6,476 citations

   This paper examines the progressive development of the new institutional economics over the past quarter century. It begins by distinguishing four levels of social analysis, with special emphasis on the institutional environment and the institutions of governance. It then turns…