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The Mechanisms of Governance

Oliver E. Williamson




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 | #247194 in eBooks |  1996-02-29 |  1996-02-29 | File type: PDF

||0 of 0 people found the following review helpful.| A must read classic for both Economics and Strategy|By Blaine Bateman|This is a pivotal work in Economics of business which anyone interested in how businesses work and how contracts work should read. Oliver Williamson presents Transaction Cost Economics as a way to analyze why and how things actually happen in the business world, as opposed to more idealistic models. He stre| ||"The Mechanisms of Governance is sure to be of interest to all who study economics, organization, management, and law. Moreover, it contains new and useful insights for any manager who wants to stay on the leading edge of economic theory."--Cal

This book brings together in one place the work of one of our most respected economic theorists, on a field in which he has played a large part in originating: the New Institutional Economics. Transaction cost economics, which studies the governance of contractual relations, is the branch of the New Institutional Economics with which Oliver Williamson is especially associated.

Transaction cost economics takes issue with one of the fundamental building blocks i...

You easily download any file type for your device.The Mechanisms of Governance   |  Oliver E. Williamson.Not only was the story interesting, engaging and relatable, it also teaches lessons.

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