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Cited by 1,405

The DOI matches its Crossref record; 4 of the 4 references it cites were found in a registry or an index.

The Theory of the Firm as Governance Structure: From Choice to Contract

Williamson, Oliver E·2002·Journal of Economic Perspectives

Abstract

The propositions that organization matters and that it is susceptible to analysis were long greeted by skepticism by economists. One reason why this message took a long time to register is that it is much easier to say that organization matters than it is to show how and why. The prevalence of the science of choice approach to economics has also been an obstacle. As developed herein, the lessons of organization theory for economics are both different and more consequential when examined through the lens of contract. This paper examines economic organization from a science of contract perspective, with special emphasis on the theory of the firm.

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Metadata

Authors
Williamson, O. E.
Venue
Journal of Economic Perspectives
Published
2002-08-01
Volume
16
Issue
3
Pages
171-195
ISSN
0895-3309 (ISSN-L)
OpenAlex
W2561479728
Cited by
1,405
References
4
FWCI
40.68
Type
journal article
Language
en
Open access
closed

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