Frontmatter -- Preface -- Contents -- 1. BEHAVIORAL RULES AND THE THEORY OF THE FIRM -- 2. A DYNAMIC STOCHASTIC THEORY OF MANAGERIAL BEHAVIOR -- 3. AN ATTEMPT TO SYNTHESIZE SOME THEORIES OF THE FIRM -- 4. REQUIEM FOR A LIGHTWEIGHT: A CRITICAL HISTORICAL SKETCH -- 5. IN DEFENSE OF WAGE-PRICE...

Recht, Volkswirtschaftslehre und Organisationstheorie bilden die Bezugsbereiche auf dem Weg zu einer ökonomischen Organisationstheorie: interdisziplinär zu einer neue Disziplin. Was dieses Vorgehen leistet zeigt das vorliegende Werk.

The governance and transaction cost insights of Oliver Williamson (1975, 1985, 1996, 2010) and Ronald Coase (1937, 1992) have framed antitrust polices and firm management strategies. Transaction cost economics explain efficient governance adaptation. With a focus on private efficiency gains...

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...

Institutional questions have become increasingly prominent in the evaluation of nearly every area of structural policy. The present article shows how formal economic analysis may be brought to bear on the problem of understanding institutions. It begins by reviewing the recent history of thought...

I address the topic of pragmatic methodology as a practitioner in applied microeconomics who has been working in the still nascent field of the 'economics of organization'. My purpose is both to make explicit the methodology out of which transaction cost economics works and to suggest that other...