- Me
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- Nov 07, 2020
Top 10 Oliver E Williamson Quotes
Most Famous Top 10 Oliver E Williamson Quotes of All Time!
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- Last Updated on May 30, 2021
- Government
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- Nov 07, 2020
My first jobs after graduation in 1955 were as a project engineer for G.E. and later with the U.S. government in Washington, D.C., where I met and married my wife, Dolores Celini.
- Learning
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- Nov 07, 2020
Teaching can be learning, especially if student curiosity with the question 'What's going on here?' can be elicited.
- First
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- Nov 07, 2020
Ronald Coase, in his classic 1937 paper on 'The Nature of the Firm,' was the first to bring the concept of transaction costs to bear on the study of firm and market organization.
- Effort
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- Nov 07, 2020
The remediableness criterion is an effort to deal symmetrically with real world institutions, both public and private, warts and all. The criterion is this: an extant mode of organization for which no superior feasible form of organization can be described and implemented with expected net gains is presumed to be efficient.
- Gain
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- Nov 07, 2020
The presumption that an extant mode is efficient if the expected net gain is negative can nevertheless be rebutted by showing that the obstacles to implementing an otherwise superior feasible alternative are 'unfair.'
- Important
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- Nov 07, 2020