How did Oliver E. Williamson describe his work?
"A maze of calculations"
"A puzzle of reality"
"A blend of soft social science and abstract economic theory"
"A journey through logic and paradox"
Answer
Oliver E. Williamson described his work as a blend of soft social science and abstract economic theory. He argued that the study of organizations should be based on economic principles, but that these principles must be adapted to take into account the realities of organizational life.
Discovering the Economics Legacy: The Oliver E. Williamson Quiz
More Questions
Was Oliver E. Williamson influential in law and economics?
What was the nationality of Oliver E. Williamson?
How many Nobel prizes in Economics did Oliver E. Williamson receive?
Did Oliver E. Williamson specialize in macroeconomics or microeconomics?
Did Oliver E. Williamson propose a new theory for the firm?
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