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Author: | Gibbons, R. |
Title: | Transaction-cost economics: past, present, and future? |
Journal: | Scandinavian Journal of Economics
2010 : VOL. 112:2, p. 263-288 |
Index terms: | economic theory history of economic thought transaction costs |
Language: | eng |
Abstract: | Olivier Williamson is the founder and chief developer of transaction-cost economics (TCE). On the occassion of his Nobel Memorial Prize, a partial discussion of Williamson's contributions is offered by 1) summarizing a part of the accomplishments of TCE-past, 2) sketching some of the opportunities for the TCE-future. |
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