Transaction-Cost Economics: Past and Future
Oliver Williamson is the founder and chief developer of transaction-cost economics (TCE). In this brief essay, on the occasion of his Nobel Memorial Prize, I offer a partial discussion of Williamson's contributions by first summarizing some of the accomplishments of TCE-past and then sketching...
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| Other Authors: | |
| Format: | Article |
| Language: | en_US |
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Wiley Blackwell (Blackwell Publishing)
2012
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| Online Access: | http://hdl.handle.net/1721.1/69101 https://orcid.org/0000-0001-6765-3039 |
| _version_ | 1826191812753096704 |
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| author | Gibbons, Robert S. |
| author2 | Sloan School of Management |
| author_facet | Sloan School of Management Gibbons, Robert S. |
| author_sort | Gibbons, Robert S. |
| collection | MIT |
| description | Oliver Williamson is the founder and chief developer of transaction-cost economics (TCE). In this brief essay, on the occasion of his Nobel Memorial Prize, I offer a partial discussion of Williamson's contributions by first summarizing some of the accomplishments of TCE-past and then sketching some of the opportunities for TCE-future. Most of the topics in both sections (TCE-past and TCE-future) start with a quotation from Williamson's early work that I think still speaks volumes today. That is, while fellow travelers and successors have acted on one set of Williamson's insights, helping to produce the accomplishments of TCE-past, another collection of Williamson's insights has gone relatively unremarked, creating some of the opportunities for TCE-future. |
| first_indexed | 2024-09-23T09:01:41Z |
| format | Article |
| id | mit-1721.1/69101 |
| institution | Massachusetts Institute of Technology |
| language | en_US |
| last_indexed | 2024-09-23T09:01:41Z |
| publishDate | 2012 |
| publisher | Wiley Blackwell (Blackwell Publishing) |
| record_format | dspace |
| spelling | mit-1721.1/691012022-09-26T09:56:45Z Transaction-Cost Economics: Past and Future Gibbons, Robert S. Sloan School of Management Gibbons, Robert S. Gibbons, Robert S. Oliver Williamson is the founder and chief developer of transaction-cost economics (TCE). In this brief essay, on the occasion of his Nobel Memorial Prize, I offer a partial discussion of Williamson's contributions by first summarizing some of the accomplishments of TCE-past and then sketching some of the opportunities for TCE-future. Most of the topics in both sections (TCE-past and TCE-future) start with a quotation from Williamson's early work that I think still speaks volumes today. That is, while fellow travelers and successors have acted on one set of Williamson's insights, helping to produce the accomplishments of TCE-past, another collection of Williamson's insights has gone relatively unremarked, creating some of the opportunities for TCE-future. 2012-02-14T15:16:43Z 2012-02-14T15:16:43Z 2010-05 Article http://purl.org/eprint/type/JournalArticle 1467-9442 http://hdl.handle.net/1721.1/69101 Gibbons, Robert. “Transaction-Cost Economics: Past, Present, and Future?” Scandinavian Journal of Economics 112.2 (2010): 263-288. https://orcid.org/0000-0001-6765-3039 en_US http://dx.doi.org/10.1111/j.1467-9442.2010.01609.x Scandinavian Journal of Economics Creative Commons Attribution-Noncommercial-Share Alike 3.0 http://creativecommons.org/licenses/by-nc-sa/3.0/ application/pdf Wiley Blackwell (Blackwell Publishing) Prof. Gibbons via Alex Caracuzzo |
| spellingShingle | Gibbons, Robert S. Transaction-Cost Economics: Past and Future |
| title | Transaction-Cost Economics: Past and Future |
| title_full | Transaction-Cost Economics: Past and Future |
| title_fullStr | Transaction-Cost Economics: Past and Future |
| title_full_unstemmed | Transaction-Cost Economics: Past and Future |
| title_short | Transaction-Cost Economics: Past and Future |
| title_sort | transaction cost economics past and future |
| url | http://hdl.handle.net/1721.1/69101 https://orcid.org/0000-0001-6765-3039 |
| work_keys_str_mv | AT gibbonsroberts transactioncosteconomicspastandfuture |