The Mechanisms of Governance

E572626

The Mechanisms of Governance is a seminal book by economist Oliver E. Williamson that develops and applies transaction cost economics to explain how different organizational and contractual arrangements structure economic activity.

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The Mechanisms of Governance canonical 2

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Statements (45)

Predicate Object
instanceOf book ⓘ
academicDiscipline law and economics ⓘ
organizational economics ⓘ
addresses dispute resolution mechanisms ⓘ
make-or-buy decisions ⓘ
outsourcing ⓘ
private ordering ⓘ
relational contracting ⓘ
vertical integration ⓘ
author Oliver E. Williamson ⓘ
contribution applies transaction cost reasoning to a wide range of organizational forms ⓘ
clarifies the role of governance in mitigating transaction hazards ⓘ
develops a unified framework for analyzing governance structures ⓘ
integrates theory of the firm with contract theory ⓘ
field economics ⓘ
institutional economics ⓘ
transaction cost economics ⓘ
hasPart analysis of hierarchical governance ⓘ
analysis of hybrid governance ⓘ
analysis of market governance ⓘ
applications to public and private bureaucracies ⓘ
comparative institutional assessment of governance modes ⓘ
discussion of contract law and economics ⓘ
influencedBy Ronald Coase ⓘ
The Nature of the Firm ⓘ
The Problem of Social Cost ⓘ
language English ⓘ
mainTopic asset specificity ⓘ
bounded rationality ⓘ
comparative institutional analysis ⓘ
contracts ⓘ
economic governance ⓘ
economic organization ⓘ
firms ⓘ
governance structures ⓘ
hierarchies ⓘ
hybrid organizational forms ⓘ
incomplete contracts ⓘ
markets ⓘ
opportunism in economic transactions ⓘ
transaction costs ⓘ
notableFor influence on corporate governance research ⓘ
influence on organizational theory ⓘ
systematic development of transaction cost economics ⓘ
theoreticalFramework transaction cost economics ⓘ

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Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Oliver E. Williamson → notableWork → The Mechanisms of Governance ⓘ
The Economic Institutions of Capitalism → relatedWork → The Mechanisms of Governance ⓘ