Oliver E. Williamson
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Oliver E. Williamson was an American economist who developed influential theories about how companies are organized and make decisions, challenging traditional economic thinking that assumed markets always worked perfectly. His work, which earned him the Nobel Prize in Economics in 2009, fundamentally changed how business leaders, policymakers, and scholars understand why firms exist and how they should be structured.
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Person · Open Library
- Born
- 27 Sep 1932
- Died
- 21 May 2020
- Works
- 33
Top works
- Managerial discretion and business behavior
- Institutions and economic organization
- The Nature of the Firm
- Mergers, acquisitions and leverage buyouts
- Moderne Theorie der Unternehmung
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Recent publications · Crossref
5 total works indexed
- The SILVA ribosomal RNA gene database project: improved data processing and web-based tools
· 2012 · cited 28,255x
Article
Oliver Eaton Williamson (September 27, 1932 – May 21, 2020) was an American economist, a professor at the University of California, Berkeley, and recipient of the 2009 Nobel Memorial Prize in Economic Sciences, which he shared with Elinor Ostrom.
His contributions to transaction cost economics and the theory of the firm have been influential in the social sciences, law and economics. Williamson described his work as "a blend of soft social science and abstract economic theory".
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1932 births2020 deaths20th-century American economists20th-century American writers21st-century American economists21st-century American non-fiction writersAmerican business theoristsAmerican Nobel laureatesDistinguished fellows of the American Economic AssociationEconomists from WisconsinFellows of the Econometric SocietyHaas School of Business faculty