Oliver E. Williamson

Oliver E. Williamson
Williamson in 2009
Born
Oliver Eaton Williamson

(1932-09-27)September 27, 1932
DiedMay 21, 2020(2020-05-21) (aged 87)
NationalityAmerican
EducationMassachusetts Institute of Technology (BS)
Stanford University (MBA)
Carnegie Mellon University (PhD)
Academic career
FieldMicroeconomics
InstitutionUniversity of California, Berkeley
Yale University
University of Pennsylvania
School or
tradition
New Institutional Economics
InfluencesKenneth Arrow
Chester Barnard
Ronald Coase
Richard Cyert
Friedrich Hayek
Ian Roderick Macneil
Herbert A. Simon
John R. Commons
AwardsJohn von Neumann Award (1999) Nobel Memorial Prize in Economic Sciences (2009)
Information at IDEAS / RePEc
Academic background
ThesisThe economics of discretionary behavior: nonpecuniary objectives in the theory of the firm (1963)

Oliver Eaton Williamson (September 27, 1932 – May 21, 2020) was an American economist, a professor at the University of California, Berkeley, and recipient of the 2009 Nobel Memorial Prize in Economic Sciences, which he shared with Elinor Ostrom.[1]

His contributions to transaction cost economics and the theory of the firm have been influential in the social sciences,[2][3][4] law and economics. Williamson described his work as "a blend of soft social science and abstract economic theory".[5]

  1. ^ Cite error: The named reference Nobelprize was invoked but never defined (see the help page).
  2. ^ Mahoney, Joseph T.; Nickerson, Jackson (2021). "Oliver Williamson: a Hero's journey on the merits". Journal of Institutional Economics. 18 (2): 195–207. doi:10.1017/S1744137421000151. ISSN 1744-1374. S2CID 233655198.
  3. ^ Argyres, Nicholas; Zenger, Todd (2021). "Oliver Williamson and the strategic theory of the firm". Journal of Institutional Economics. 18 (2): 209–217. doi:10.1017/S1744137421000539. ISSN 1744-1374. S2CID 237835868.
  4. ^ Sent, Esther-Mirjam; Kroese, Annelie L. J. (2021). "Commemorating Oliver Williamson, a founding father of transaction cost economics". Journal of Institutional Economics. 18 (2): 181–193. doi:10.1017/S1744137421000606. hdl:2066/247655. ISSN 1744-1374.
  5. ^ Maclay, K., UC Berkeley's Oliver Williamson shares Nobel Prize in economics, Haas Newsroom, published 12 October 2009, archived 11 April 2010, accessed 6 July 2023