• Publications
  • Influence
Markets and Hierarchies: Analysis and Antitrust Implications.
  • 13,573
  • 631
The economic institutions of capitalism
  • 3,487
  • 488
Comparative Economic Organization: The Analysis of Discrete Structural Alternatives
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 differencesExpand
  • 6,008
  • 481
  • PDF
The mechanisms of governance
This book brings together in one place the work of one of our most respected economic theorists, on a field which he has played a large part in originating: the New Institutional Economics.Expand
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  • PDF
The Economics of Organization: The Transaction Cost Approach
  • O. Williamson
  • Economics
  • American Journal of Sociology
  • 1 November 1981
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 toExpand
  • 5,178
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The New Institutional Economics: Taking Stock, Looking Ahead
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 onExpand
  • 4,441
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  • PDF
Markets and hierarchies, analysis and antitrust implications : a study in the economics of internal organization
This study analyzes organization of economic activity within and between markets and hierarchies. It considers the transaction to be the ultimate unit of microeconomic analysis, and definesExpand
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  • 149
The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting
This study is based on the belief that economic organization is shaped by transaction cost economizing decisions. It sets out the basic principles of transaction cost economics, applies the basicExpand
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  • 138