The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting.

WILLIAMSON, Oliver E.

$650.00

Item Number: 126832

New York: The Free Press, 1985.

First edition of Williamson’s modern classic. Octavo, original cloth. Fine in a near fine dust jacket. Jacket design by Mike McIver.

This long-awaited sequel to the modem classic "Markets and Hierarchies" develops and extends Williamson's innovative use of transaction cost economics as an approach to studying economic organization by applying it to work and labor as well as the corporation itself. In addition, Williamson explores its growing implications for public policy, including its potential influence on antitrust and merger guidelines, labor policy, and SEC and public utility regulations.