Mechanisms of Governance

Name: Mechanisms of Governance
Price: 4.03 USD
Availability: InStock
ISBN: 9780195132601

ISBN-10: 0195132602

ISBN-13: 9780195132601

Edition: N/A

Authors: Oliver E. Williamson

List price: $58.00

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This book brings together in one place the work of one of our most respected economic theorists, on a field 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 in microeconomics: the theory of the firm. Whereas orthodox economics describes the firm in technological terms, as a production function, transaction cost economics describes the firm in organizational terms, as a governance structure.…

Book details

List price: $58.00
Publisher: Oxford University Press, Incorporated
Publication date: 3/18/1999
Binding: Paperback
Pages: 448
Size: 9.02" wide x 5.98" long x 1.30" tall
Weight: 1.386
Language: English



Prologue: The Mechanisms of Governance



Overview



Transaction Cost Economics and the Carnegie Connection



Chester Barnard and the Incipient Science of Organization



Transaction Cost Economics



Concepts and Applications



Comparative Economic Organization: The Analysis of Discrete Structural Alternatives



Credible Commitments: Using Hostages to Support Exchange



Economic Institutions: Spontaneous and Intentional Governance



Corporate Finance and Corporate Governance



The Politics and Economics of Redistribution and Inefficiency



Organizations



Transaction Cost Economics and Organization Theory



Calculativeness, Trust, and Economic Organization



Public Policy



Delimiting Antitrust



Strategizing, Economizing, and Economic Organization



The Institutions and Governance of Economic Development and Reform



Controversy and Perspectives



Transaction Cost Economics and the Evolving Science of Organization


Glossary


References


Index