Oliver Williamson is best known for his work in the development of the theory of transaction costs and their implications for the organization of business transactions. His contributions, however, have wider implications for all forms of social organization. The main example of this broader understanding of the application works Williamson proposes to organize political activities. His analysis also provides important information for researchers and managers interested in understanding non-market strategy firm. "Hide
by Rui JP de Figueiredo Jr. Source: California Management Review 10 pages. Publication Date: 01 February 2010. Prod. #: CMR450-PDF-ENG