COURTIOUX, Pierre - In: Cahiers d’économie politique / Papers in Political … (2005) 48, pp. 147-159
The Hirschman-Williamson controversy deals with the voice's relevancy to economic analysis of organisation. Hirschman (1970) argues that voice is important to recover efficiency. Williamson (1974) downsizes this result, and emphasises importance of hierarchy. This paper shows that Williamson's...