The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting

TitleThe Economic Institutions of Capitalism: Firms, Markets, Relational Contracting
Publication TypeBook
Year of Publication1985
AuthorsWilliamson, O. E.
PublisherFree Press
CityNew York
ISBN Number0029348218
Keywordsantitrust, economic organization, economics, Institutional economics, labor policy, merger guidelines, public utility regulations, SEC, transaction cost economics
Abstract

This sequel to Markets and Hierarchies develops and extends Williamson's innovative use of transaction cost economics as an approach to studying economic organization by applying it to work and labor as well as the corporation itself. In addition, Williamson explores its growing implications for public policy, including its potential influence on antitrust and merger guidelines, labor policy, and SEC and public utility regulations. (publisher's statement)