The Nature of the Firm Origins, Evolution, and Development
by Williamson, Oliver E.; Winter, Sidney G.Format: Hardcover
Pub. Date: 1991-05-23
Publisher(s): Oxford University Press
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Summary
In 1937 Ronald H. Coase published a classic paper, "The Nature of the Firm." This classic study is discussed by Oliver E. Williamson and Sidney G. Winter as they address a topic of increasing importance in the field of economics: what is the nature of the firm in economic analysis? The study examines the impact on a firm's organization of the costs associated with producing and selling products.
Author Biography
Oliver E. Williamson is Transamerica Professor of Business Economics and Law at the University of California, Berkeley. Sidney G. Winter is Chief Economist of the United States General Accounting Office, Washington, D.C.
Table of Contents
| Contributors | p. ix |
| Introduction | p. 3 |
| The Nature of the Firm (1937) | p. 18 |
| The Nature of the Firm: Origin | p. 34 |
| The Nature of the Firm: Meaning | p. 48 |
| The Nature of the Firm: Influence | p. 61 |
| Transactions Costs and Internal Labor Markets | p. 75 |
| The Logic of Economic Organization | p. 90 |
| Asset Specificity and the Structure of Vertical Relationships: Empirical Evidence | p. 117 |
| Incomplete Contracts and the Theory of the Firm | p. 138 |
| The Theory of the Firm Revisited | p. 159 |
| On Coase, Competence, and the Corporation | p. 179 |
| A Legal Basis for the Firm | p. 196 |
| Vertical Integration as Organizational Ownership: The Fisher Body-General Motors Relationship Revisited | p. 213 |
| 1991 Nobel Lecture: The Institutional Structure of Production | p. 227 |
| Index | p. 236 |
| Table of Contents provided by Syndetics. All Rights Reserved. |
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