The Economics and Sociology of Organization

Promoting a Dialogue
  • Oliver E. Williamson
Part of the Springer Studies in Work and Industry book series (SSWI)


The intellectual appeal of a single, unified theory of organization notwithstanding, we are at present operating in a preunified stage of development. Even if a comprehensive, integrated theory were in prospect, which it is not, our understanding of some complex organizational phenomena might be better served by working out of several well-focused perspectives. Exposing the powers and limits of each of the leading approaches and the tensions and complementarities between them can be, and often is, a productive enterprise.


Corporate Governance Transaction Cost Vertical Integration Bounded Rationality Economic Organization 


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Copyright information

© Springer Science+Business Media New York 1988

Authors and Affiliations

  • Oliver E. Williamson
    • 1
  1. 1.Yale University Law SchoolNew HavenUSA

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