UC Berkeley Professor Oliver Williamson wins the 2009 Nobel Prize in Economics

Oliver Williamson, the Edgar F. Kaiser Professor Emeritus of Business, Economics and Law at UC Berkeley's Haas School of Business and a professor of economics in the College of Letters and Science, shares the 2009 prize with Elinor Ostrom, a professor of political science and of public and environmental affairs at Indiana University in Bloomington.

Williamson was honored "for his analysis of economic governance, especially the boundaries of the firm." Ostrom, the first woman to win an economics Nobel, was cited "for her analysis of economic governance, especially the commons."

http://www.berkeley.edu/news/media/releases/2009/10/12_nobel.shtml

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[agapitoflores001]

Congratulations! He deserves it.

[erikis894]

heal the world....

[Tomahawk1999]

smart guy, there are 50 reasons for vertical integration, asset specificity is just one among them. it really is no different than any other model a social scientist might come up with. worse however is that empirical evidence has been very mixed. that happens because his theory ignores a wide variety of interactions and contingencies.

if he got a nobel, i dont see why anyone else should not. thts one benefit of being a early timer.

[goPistons06]

Oliver Williamson starts talking at 12:16, so, skip the rest

[drumandrokid]

ohhh!!!!

JAJAJAJAJA!!!!!!!!!!!

how fascinated I am of the universities erudite spokespersons in the illustrious UC!!!

[CaptionsEtc]

Captions make your content available to the hearing-impaired. Because they are a text file, they also enable translation into many languages as well as make your content searchable by bots and search engines.

[paulagloria]

4 thumbs down for telling the truth...

[paulagloria]

why is binary economics never mentioned? Both the Henry Georgists and Binary economists understand that at the basis of our economic crisis is MONOPOLY

check /watch?v=p5xB1_TL7SU

[spartinbob69]

you got a ticket because your a woman and women cant drive.

[SexyMausii91]

miau bin so einsam will gekrault werden