THE TRANSACTION COST ECONOMICS PROJECT: THE THEORY AND PRACTICE OF THE GOVERNANCE OF CONTRACTUAL RELATIONS

Book ID/图书代码： 13B62349

English Summary/英文概要： Transaction cost economics has and continues to be a fruitful area of research. There is still much to be done in the field with past research being used in conjunction with the vast number of contractual phenomena that have yet to be investigated in transaction cost economics terms. New challenges are posed by the need to move beyond the design of new contractual instruments (such as financial derivatives) to include an examination of the lurking hazards that attend contract implementation.

This important collection brings together Professor Williamson’s key papers on transaction cost economics. It will be of benefit to academics, scholars and practitioners with an interest in this progressive subject.

Chinese Summary/中文概要： 本书是“诺贝尔经济学奖获得者丛书”套书之一，共收录了威廉姆森教授关于交易成本经济学项目研究的16篇论文，分为四个部分，第一部分是理论与概念，介绍了与交易成本有关的一些理论渊源和概念。第二部分是公共政策，主要讨论了与商业公共政策相关的问题，包括自然垄断行业的特许经营投标、反托拉斯、公司融资与公司治理、公司董事会，主要从政策层面展开交易成本的研究。第三部分是跨学科社会科学。本部分包括的三篇文章都涉及使用经济推理来解释跨学科现象。主要从组织理论、计算和信任、法律和经济学角度切入，从不同的学科角度研究交易成本经济学。第四篇是方法论，主要讲述了交易成本经济学使用的实用主义方法论。(DB)

Awards/获奖情况：’The presence of transaction costs greatly modifies the traditional picture of the allocation of resources through the market. It gives rise to many phenomena inexplicable in the simple market view and to problems of government policy. Oliver Williamson has been a leading figure in this analysis. His interpretations of corporate governance and of the complementarity between internal controls and the market have been the most profound in the literature. It is good that his leading essays are now available in collected form.’ - Kenneth J. Arrow, Stanford University, US

’Oliver Williamson’s contributions to economics are certainly among the most important of the past several decades, and their importance will be increasingly recognized as economists come to grips with all that he has accomplished. This collection provides an unparalleled view of those contributions, and it belongs on the bookshelf of everyone who wants to understand complex economic transactions.’ - David Kreps, Stanford University, US

’This book provides a terrific opportunity to have a collection of Oliver Williamson’s best papers on transaction cost economics all in one convenient volume.’ - Paul L. Joskow, Alfred P. Sloan Foundation and MIT

’Williamson’s work on transaction cost economics has shaped the thinking of all social scientists about organizations and institutions. This volume reprints many of his seminal papers on the subject, and is valuable both as commemoration and for reference.’ - Avinash Dixit, Princeton University, US

About the Author/作者介绍： The late Oliver E. Williamson, formerly Professor, Graduate School and Edgar F. Kaiser Professor Emeritus of Business, Economics, and Law, University of California, Berkeley, US and 2009 Winner of the Nobel Prize in Economics for Studies of Economic Governance

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