
"An extraordinarily impressive achievement and must reading for all serious students of law, economics, and organization."--Paul L. Joskow, Professor of Economics, Massachusetts of Technology.

"An extraordinarily impressive achievement and must reading for all serious students of law, economics, and organization." --Paul L. Joskow, Professor of Economics, Massachusetts of Technology From Simon & Schuster, The Economic Institutions of Capitalism...

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,...

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