Haas Professor Emeritus Oliver E. Williamson received the 2009 Nobel Prize in Economic Sciences from King Carl Gustav of Sweden, on December 10, 2009.
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 world's most cited economists.
Williamson was chosen for the prize "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. Read more >