Recommended readings (Machine generated): Williamson, Oliver E. and Scott E. Masten (1995), Transaction Cost Economics, Volume I: Theory and Concepts and Volume II: Policy and Applications, Aldershot, UK and Brookfield, VT, USA: Edward Elgar Publishing Ltd -- Williamson, Oliver E. (1985), 'The...

Building on Oliver Williamson's original analysis, the contributors introduce new ideas, different perspectives and provide tools for better understanding changes in the approach to regulation, the reform of public utilities, and the complex problems of governance. They draw largely upon a...

Transaction cost economics began to take shape around thirty years ago and has since been established as an essential tool used to illuminate a wide range of problems in economics and other social sciences. This paperback reader for students and scholars presents, in a convenient and accessible...

Oliver Williamson is one of the most important industrial economists of our time. He has made a major contribution to economic scholarship and remains at the forefront of research into transaction costs and the theory of the firm. In this volume he has provided a very careful selection of what...

Transaction cost economics has and continues to be a fruitful area of research. There is still much to be done in the field with past research being used in conjunction with the vast number of contractual phenomena that have yet to be investigated in transaction cost economics terms. New...

Book review

This note takes issue with the "reconciliation" proposed by George Wilson between the Steiner and Williamson formulations of the peak-load pricing problem. Wilson respecifies weights without simultaneously addressing himself to the question of expressing output units in consonant terms. This...

This paper is concerned with jobs for which nontrivial job-specific skills and task-specific knowledge evolve, in a learning by doing fashion, during the course of a worker's employment. Otherwise qualified but inexperienced workers cannot be regarded as the equivalent of job incumbents under...