Faculty & Research

Faculty and Executive Leadership Directory

Oliver E. Williamson

Nobel Laureate in Economic Sciences
Edgar F. Kaiser Professor Emeritus of Business
Professor Emeritus of Economics and Law, UC Berkeley
Haas Business and Public Policy Group
Email: click on the envelope icon below for full email address
Academic Status: Emeritus
Office Hours: By appointment
Personal Homepage: http://groups.haas.berkeley.edu/bpp/oew/
Curriculum Vitae (in PDF format, Acrobat Reader required)


PhD, Economics, Carnegie Mellon University
MBA, Stanford University
SB, Massachusetts Institute of Technology

Positions Held

At Haas since 1988
2004 – present,  Professor Emeritus of the Graduate School (Economics and Law) and Edgar F. Kaiser Professor Emeritus of Business, Haas School of Business
1998 – 2004, Edgar F. Kaiser Professor of Business, Haas School of Business
1988-1998, Professor, Haas School of Business
1988-2004, Professor of the Graduate School (Economics and Law), UC Berkeley
1983 – 1988, Gordon B. Tweedy Professor of Economics of Law and Organization, Yale University
1977 – 1983, Charles and William L. Day Professor of Economics and Social Science, University of Pennsylvania:
1976 – 1983, Director, Center for the Study of Organizational Innovation, University of Pennsylvania
1976 – 1977, Chairperson, Department of Economics, University of Pennsylvania
1971 – 1972, Chairperson, Department of Economics, University of Pennsylvania
1968 – 1983, Professor, University of Pennsylvania
1965 – 1968, Associate Professor, University of Pennsylvania
1963 – 1965, Assistant Professor of Economics, UC Berkeley

External Service and Assignments

  • Member: National Academy of Sciences
  • Fellow, American Academy of Political and Social Science, American Academy of Arts and Sciences, and Econometrics Society
  • Former co-editor, Journal of Law, Economics, and Organization
  • Former president, International Society of New Institutional Economics, Western Economic Association
  • Former president and member, American Law and Economics Association
  • Former editor, Bell Journal of Economics
  • Former Special Economic Assistant to the Assistant Attorney General for Antitrust, US Department of Justice

Current Research and Interests

  • Economic theories of firms, markets, hybrids, and public agencies
  • Applications to public policy and to business strategy

Selected Papers and Publications

  • “The Economics of Governance.” American Economic Review (2005).
  • “The Theory of the Firm as Governance Structure.” Journal of Economic Perspectives(2002).
  • The Mechanisms of Governance. United Kingdom: Oxford University Press, 1996. (Translated into Italian by Margherita Turvani, and reprinted by Franco Angeli.)
  • The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting. New York: The Free Press, 1985. (Translated into Spanish by Eduardo L. Suarez, reprinted by Cultura Economica, 1989; translated into Italian by Margherita Turvani, 1987; translated into German and reprinted by J.C.B. Mohr, 1990; translated into Russian by Valery Katkalo et al., published by Lenizdat, 1995; translated into French by Regis Coeurderoy and Emmanuelle Mainant, published by InterEditions, 1994; translated into Polish and published by Polish Scientific Publishers, 1998.)
  • Markets and Hierarchies: Analysis and Antitrust Implications. New York: The Free Press, 1975. (Translated into Japanese and reprinted by Nippon Hyoronsha Publishing Company, 1980; translated into Spanish by Evangelina Nino de la Silva, reprinted by Cultura Economica; chapter 2 translated into Italian and reprinted in Organizzazione and Mercato, edited by Raoul C.D. Nacamulli and Andrea Rugiadini, 161-186, Bologna, 1985.)
  • Corporate Control and Business Behavior: An Inquiry into the Effects of Organization Form on Enterprise Behavior. Englewood Cliffs, NJ: Prentice Hall, 1970. (Translated into Japanese and reprinted by Maruzen Co., Ltd., 1974.)
  • The Economics of Discretionary Behavior: Managerial Objectives in a Theory of the Firm. Englewood Cliffs, NJ: Prentice Hall Press, 1964. (Reprinted by Markham Publishing Co., Chicago, 1967; reprinted by Eurospan Ltd., 1974; translated into Japanese and reprinted by Chikura, 1981; chapter 4 reprinted in Readings of Industrial Economics: Theoretical Foundations, edited by C.K. Rowley, London, 1971.

Honors and Awards

  • Nobel Prize in Economic Sciences, 2009
  • Doctoris Honoris Causa in Economics, Nice University, 2005
  • Horst Claus Recktenwald Prize in Economics, 2004
  • Doctoris Honoris Causa in Economics, Valencia University, 2004
  • Honorary Editor, Journal of Economic Behavior and Organization, 2002
  • Eminent Scholar of the Fellows of the Academy of International Business, 2002
  • Doctoris Honoris Causa in Economics, University of Chile, 2000
  • Honorary Doctorate in Economics and Business Administration, Copenhagen Business School, 2000
  • John von Neumann Prize, 1999
  • Fulbright Distinguished Chair, Siena, Spring 1999
  • Doctoris Honoris Causa, Groupe HEC (Paris), 1997
  • Doctoris Honoris Causa in Business Administration, St. Petersburg University, Russia, 1997
  • Doctoris Honoris Causa in Economics, Turku School of Economics and Business Administration, 1995
  • Elected to U.S. National Academy of Sciences, 1994
  • Doctoris Honoris Causa in Economic Science, Groningen University, 1989
  • Doctoris Honoris Causa in Economic Science, Hochschule St. Gallen, 1987
  • Distinguished Senior US Scientist Award, Alexander von Humboldt Stiftung, 1987
  • Oeconomiae Doctorem Honoris Causa, Ph.D., Norwegian School of Economics and Business Administration, Jubilee Celebration, 1986
  • Irwin Award for Scholarly Contributions to Management, Academy of Management, 1988
  • 1983 Prize for Distinguished Scholarship in Law and Economics, Miami University
  • Fellow, Center for Advanced Study in the Behavioral Sciences, 1977-1978
  • Guggenheim Fellow, 1977-1978

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