My initial thoughts of becoming a lawyer changed in high school as I became more attracted to math and science and began talking about being an engineer.

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• Oliver E. Williamson:

  My first jobs after graduation in 1955 were as a project engineer for G.E. and later with the U.S.

• Oliver E. Williamson:

  Teaching can be learning, especially if student curiosity with the question 'What's going on here?'

• Oliver E. Williamson:

  Ronald Coase, in his classic 1937 paper on 'The Nature of the Firm,' was the first to bring the con

• Oliver E. Williamson:

  The remediableness criterion is an effort to deal symmetrically with real world institutions, both

• Oliver E. Williamson:

  The presumption that an extant mode is efficient if the expected net gain is negative can neverthel

• Oliver E. Williamson:

  The field of 'economics and organization' is still young and needs support. I have been a chaired p

• Oliver E. Williamson:

  If you believe that markets operate in Alan Greenspan fashion, then you don't inquire into the deta

• Oliver E. Williamson:

  Managerial discretion can take many forms, some very subtle. Individual managers may run slack oper

• Oliver E. Williamson:

  The transaction cost approach maintains that some projects are easy to finance by debt and ought to

• Oliver E. Williamson:

  Vertical intergration is an organizational response to the contracting difficulties that attend int