Oliver E. Williamson, Edgar F. Kaiser Professor of Business Administration, Professor of Economics and Professor of Law at Haas School of Business, University of California at Berkeley
""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 Business"
""...a work of scholarship written for posterity by one of the leading social scientists of our time. [It] should achieve the status of a classsic text quickly.... [Williamson] provides a conceptual framework simple enough to be used and yet exact and complex enough to accommodate continuing insights into the workings of organizations."—Academy of Management Review"
""Even those who have read most of it could benefit from reading it again as a whole. Williamson's accomplishments are many. He is preeminent in his field. One could almost say that he is the field."—Journal of Economic Issues"
""The Mechanisms of Governance is...a valuable summing up of both an especially influential body of work and the career of a great economist."—Business History Review"
PART I: OVERVIEW
1 c Transaction Cost Economics and the Carnegie Connection:
2: Chester Barnard and the Incipient Science of Organization
3: Transaction Cost Economics
PART II: CONCEPTS AND APPLICATIONS
4: Comparative Economic Organization: The Analysis of Discrete Strucutural Alternatives
5: Credible Commitments: Using Hostages to Support Exchange
6: Economic Institutions: Spontaneous and Intentional Governance
7: Corporate Finance and Corporate Governance
8: The Politics and Economics of Redistribution and Inefficiency
PART III: ORGANIZATIONS
9: Transaction Cost Economics and Organization Theory
10: Calculativeness, Trust, and Economic Organization
PART IV: PUBLIC POLICY
11: Delimiting Antitrust
12: Strategizing, Economizing, and Economic Organization
13: The Institutions and Governance of Economic Development and Reform
PART V: CONTROVERSY AND PERSPECTIVES
14: Transaction Cost Economics Meets Posnerian Law and Economics
15: Transaction Cost Economics and the Evolving Science of Organization