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Oliver Eaton Williamson Edit Profile

economist professor

Oliver E. Williamson is an American economist and one of the founding fathers of New Institutional Economics and also one of the scholars who launched Transaction Cost Economics.

Achievements

  • Williamson’s influence through his development of transaction cost economics has reached far beyond the boundaries of the economics discipline. His work has been extremely influential for scholars of organization in sociology, and for researchers and practitioners of contract and corporations law.

Works

  • article

    • "The Elasticity of the Marginal Efficiency Function: Comment", American Economic Review, December 1962, 52, 1099-1103.

    • "Selling Expense as a Barrier to Entry," Quarterly Journal of Economics, February 1963, 77, 112-88.

    • "A Model of Rational Managerial Behavior," Church 9 in R.M. Cyert and J.D. March, A Behavioral Theory of the Firm, Englewood Cliffs, New Jersey, 1963.

    • "Managerial Discretion and Business Behavior," American Economic Review, December 1963, 53, 1032-57.

All works

Connections

child:
Scott

child:
Tamara

child:
Karen

child:
Oliver

child:
Dean

1st wife (1957):
Dolores Celeni

Economist:
Ronald Coase
Ronald Coase - Economist of Oliver Eaton Williamson

A student of Ronald Coase.

Economist:
Herbert A. Simon
Herbert A. Simon - Economist of Oliver Eaton Williamson

A student of Herbert A. Simon.

Economist:
Richard Cyert
Richard Cyert - Economist of Oliver Eaton Williamson

A student of Richard Cyert

Business executive:
Chester Barnard

Legal scholar:
Ian Roderick Macneil

Economist:
Paul Lewis Joskow
Paul Lewis Joskow - Economist of Oliver Eaton Williamson