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The economic institutions of capitalism : firms, markets, relational contracting

Author: Oliver E Williamson
Publisher: New York, Ny : Free Press, 1987.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:

This sequel to "Markets and Hierarchies" develops and extends Williamson's innovative use of transaction cost economics as an approach to studying economic organization by applying it to work and  Read more...

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Document Type: Book
All Authors / Contributors: Oliver E Williamson
ISBN: 0029348218 9780029348215
OCLC Number: 300934514
Description: xiv, 450 p
Contents: Transaction cost economics; contractual man; the governance of contractual relations; vertical integration - theory and policy; some evidence; the limits of firms - incentive and bureaucratic features; credible commitments - unilateral applications, bilateral applicantions; the organization of work; the organization of labor; the modern corporation; corporate governance; franchise bidding for natural monopoly; antitrust enforcement; conclusions.
Responsibility: Oliver E. Williamson.

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Paul L. Joskow, Massachusetts Institute of Technology An extraordinarily impressive achievement and must reading for all serious students of law, economics, and organization..."The Economic Read more...

 
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