Oliver Williamson receives a share of the 2009 Prize in Economic Sciences for analysing economic governance, especially the boundaries of firms. His transaction-cost approach explained why some activities are organised through markets while others are managed within hierarchical organisations.
The World History Database · Nobel archive
Oliver Williamson
Nobel Prize history for Oliver Williamson based on the award records stored in the World History Database.
1Recorded awards
United States of AmericaCountry as recorded
Recorded Nobel Prize awards
1 distinct award entry or entries in the World History Database.
Other recipients in the same prize year and category
These pages index Nobel-related award records in the World History Database. Coverage and historical spellings reflect the stored records and may be incomplete. For the official award register and prize citations, consult NobelPrize.org.