News coverage of Professor Oliver Williamson's 2009 Nobel Prize in Economic Sciences. The Edgar F. Kaiser Professor Emeritus at the Haas School of Business and Professor Emeritus of Economics and Law at the University of California, Berkeley, is a pioneer in the multi-disciplinary field of transaction cost economics, and one of the worlds most cited economists. Williamson was honored "for his analysis of economic governance, especially the boundaries of the firm." He shares the 2009 prize with Elinor Ostrom, a professor of political science and of public and environmental affairs at Indiana University in Bloomington.
FThe University of California Berkeley Haas School of Business is one of the world's leading producers of new ideas and knowledge in all areas of business - which includes the distinction of having two of its faculty members receive the Nobel Prize in Economics over the past 15 years. The school offers six degree-granting programs. Its mission is to develop innovative business leaders - individuals who redefine how we do business by putting new ideas into action, and who do so responsibly. The school's distinctive culture is defined by four key principles - question the status quo; confidence without attitude; students always; and, beyond yourself.
Visit our website at http://haas.berkeley.edu
Video Courtesy of KTVU, Channel 2 News
© 2009 KTVU Channel 2 News
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