The Transaction Cost Economics Project: The Theory and Practice of the Governance of Contractual Relations

The Transaction Cost Economics Project: The Theory and Practice of the Governance of Contractual Relations

By: Oliver E. Williamson (author)Paperback

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Transaction cost economics has and continues to be a fruitful area of research. There is still much to be done in the field with past research being used in conjunction with the vast number of contractual phenomena that have yet to be investigated in transaction cost economics terms. New challenges are posed by the need to move beyond the design of new contractual instruments (such as financial derivatives) to include an examination of the lurking hazards that attend contract implementation. This important collection brings together Professor Williamson's key papers on transaction cost economics. It will be of benefit to academics, scholars and practitioners with an interest in this progressive subject.

About Author

Oliver E. Williamson, Professor, Graduate School and Edgar F. Kaiser Professor Emeritus of Business, Economics, and Law, University of California, Berkeley, US and 2009 Winner of the Nobel Prize in Economics for Studies of Economic Governance


Contents: Acknowledgements Introduction Oliver Williamson PART I THEORY AND CONCEPTS 1. O.E. Williamson (2001), `Hierarchies and Markets' 2. Oliver E. Williamson (1971), `The Vertical Integration of Production: Market Failure Considerations' 3. Oliver E. Williamson (1979), `Transaction Cost Economics: The Governance of Contractual Relations' 4. Oliver E. Williamson (1983), `Credible Commitments: Using Hostages to Support Exchange' 5. Oliver E. Williamson (1991), `Comparative Economic Organization: The Analysis of Discrete Structural Alternatives' 6. Oliver E. Williamson (1985), `The Limits of Firms: Incentive and Bureaucratic Features' 7. Oliver E. Williamson (1991), `Strategizing, Economizing, and Economic Organization' PART II PUBLIC POLICY 8. Oliver E. Williamson (1976), `Franchise Bidding for Natural Monopolies - in General and with Respect to CATV' 9. Oliver E. Williamson (2009), `Opening the Black Box of Firm and Market Organization: Antitrust' 10. Oliver E. Williamson (1988), `Corporate Finance and Corporate Governance' 11. Oliver E. Williamson (2008), `Corporate Boards of Directors: In Principle and in Practice' PART III INTERDISCIPLINARY SOCIAL SCIENCE 12. Oliver E. Williamson (1993), `Transaction Cost Economics and Organization Theory' 13. Oliver E. Williamson (1993), `Calculativeness, Trust, and Economic Organization' 14. Oliver E. Williamson (2005), `Why Law, Economics, and Organization?' PART IV PERSPECTIVES 15. Oliver E. Williamson (2009), `Pragmatic Methodology: A Sketch, with Applications to Transaction Cost Economics' 16. Oliver E. Williamson (2010), `Transaction Cost Economics: The Natural Progression'

Product Details

  • ISBN13: 9780857938770
  • Format: Paperback
  • Number Of Pages: 444
  • ID: 9780857938770
  • ISBN10: 0857938770

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