Oliver E. Williamson (1932–2020) was an American economist and a professor at the University of California, Berkeley. He made significant contributions to transaction cost economics and the theory of the firm. His work focused on economic governance, particularly the boundaries of firms. Williamson shared the 2009 Nobel Memorial Prize in Economic Sciences with Elinor Ostrom for his groundbreaking research¹². His insights have influenced not only economics but also corporate decision-making and organizational structures³. If you'd like to explore more about his work, feel free to ask! 😊
Source: Conversation with Copilot, 6/5/2024
(1) Oliver E. Williamson - Wikipedia. https://en.wikipedia.org/wiki/Oliver_E._Williamson.
(2) Oliver E. Williamson | Biography, Nobel Prize, & Facts. https://www.britannica.com/money/Oliver-E-Williamson.
(3) Oliver E. Williamson (1932-2020) - American Economic Association. https://www.aeaweb.org/news/oliver_williamson-may-28-2020.
(4) Oliver Williamson: Early Life, Academic Career, Impact - Investopedia. https://www.investopedia.com/terms/o/oliver-e-williamson.asp.