Williamson, Oliver Eaton
Oliver Eaton Williamson, 1932–, American economist, b. Superior, Wisc., Ph.D. Carnegie-Mellon Univ., 1963. He has served on the faculties of Univ. of California, Berkeley (1963–65, 1988–2004, emeritus 2004–), the Univ. of Pennsylvania (1965–83), and Yale (1983–88). Williamson has compared the economic workings of markets and nonmarkets, such as business firms and other hierarchical organizations, contrasting their benefits and drawbacks, and developing a theory concerning how companies promote conflict resolution in situations involving limited competition. He shared the Nobel Memorial Prize in Economic Sciences with Elinor Ostrom in 2009 for his work.
Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information: Article title: Williamson, Oliver Eaton. Encyclopedia title: The Columbia Encyclopedia, 6th ed.. © 2012 The Columbia Electronic Encyclopedia © 2012, Columbia University Press. Licensed from Columbia University Press. Used with the permission of Columbia University Press. All Rights Reserved. Publisher: The Columbia University Press. Place of publication: Not available. Publication year: 2013.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.