Oliver Williamson is best known for his work developing the theory of transaction costs and their implications for the organization of economic transactions. However, his contributions have far-reaching implications for all forms of social organization. A primary example of this broader applications, the paper provides insights Williamson in the organization of political activity. His analysis also provides important insights for researchers and managers in understanding the non-market interest … Read more »

Oliver Williamson is best known for his work developing the theory of transaction costs and their implications for the organization of economic transactions. However, his contributions have far-reaching implications for all forms of social organization. A primary example of this broader applications, the paper provides insights Williamson in the organization of political activity. His analysis also provides important insights for researchers and managers interested in understanding the non-market strategy of companies.
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Rui de Figueiredo J.P. Jr.
Source: California Management Review
10 pages.
Release Date: 1 February 2010. Prod #: CMR450-PDF-ENG
Institutions, policies and non-market strategy HBR case solution

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