Oliver E. Williamson
Economist, Nobel Prize laureate
Born
Died
2020
5 years ago — 88 years old
Category
Thinkers & Philosophers
Country
United States
Links & References
An economist focused on the theory of the firm and institutional economics. Williamson contributed significantly to the understanding of how economic organizations operate. As an academic, he held positions at several universities, including the University of California, Berkeley. Williamson's research explored the reasons firms exist, the structure of contracts, and the role of transaction costs in economic activity. In 2009, he was awarded the Nobel Prize in Economic Sciences for his analysis of economic governance, particularly the boundaries of firms.
Awarded the Nobel Prize in Economic Sciences in 2009
Developed the theory of transaction costs
Published influential works in institutional economics
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