Oliver E. Williamson

Economist, Nobel Prize laureate

Oliver E. Williamson - Thinkers & Philosophers born September 27th, 1932
Born
Died

2020
6 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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