Williamson honors series

Williamson’s Contributions to Our Understanding of Public Sector Institutions

By Pablo T. Spiller*

One of the less well-known areas of Williamson’s contributions to economics and to the social sciences more generally is in our understanding of public sector institutions. He approached these institutions similarly to how he approached private ones. His view was...

Transaction Cost Economics, International Business, and International Trade

By Joanne Oxley*

The story of Oliver Williamson’s relationship to scholarship in international business and international trade in many ways mirrors the story of his relationship to the field of economics writ large . But, it does so in a way that perhaps even more starkly illustrates...